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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 722 · 40 questions
TalentJR

The method (Year by year): Year 1: add R% of P. Year 2: add R% of the new amount. Carry on for each year. Amount = P × (100 + R)ⁿ ÷ 100ⁿ; compound interest = amount − P. For 2 years, CI − SI = P × R × R ÷ 10000.

NameDateTime takenScore ___ / 40
  1. 1.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹14375 is invested at 8% per year compound interest for 2 years (in ₹).
  3. 3.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  4. 4.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹39300 at 10% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹47000 at 10% per year for 2 years, added every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹44200 at 10% per year for 2 years (in ₹)?
  8. 8.Find the compound interest on ₹38750 at 4% per year for 2 years, added every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹27900 at 20% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹22656 is invested at 25% per year compound interest for 3 years (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹43000 at 10% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹21400 at 10% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹45600 at 10% per year for 2 years, added every year (in ₹).
  14. 14.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹40400 at 5% per year for 2 years (in ₹)?
  16. 16.Find the amount when ₹39375 is invested at 12% per year compound interest for 2 years (in ₹).
  17. 17.Find the amount when ₹43750 is invested at 8% per year compound interest for 2 years (in ₹).
  18. 18.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  19. 19.Find the compound interest on ₹32500 at 12% per year for 2 years, added every year (in ₹).
  20. 20.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹23700 at 10% per year for 2 years (in ₹)?
  22. 22.Find the amount when ₹43600 is invested at 15% per year compound interest for 2 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹23000 at 10% per year for 2 years (in ₹)?
  24. 24.Find the amount when ₹45625 is invested at 8% per year compound interest for 2 years (in ₹).
  25. 25.Find the compound interest on ₹36000 at 10% per year for 3 years, added every year (in ₹).
  26. 26.Find the compound interest on ₹42500 at 4% per year for 2 years, added every year (in ₹).
  27. 27.Find the amount when ₹8125 is invested at 4% per year compound interest for 2 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹10900 at 10% per year for 2 years (in ₹)?
  29. 29.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  30. 30.Find the amount when ₹4500 is invested at 10% per year compound interest for 2 years (in ₹).
  31. 31.Find the amount when ₹12000 is invested at 10% per year compound interest for 2 years (in ₹).
  32. 32.Find the compound interest on ₹20375 at 20% per year for 3 years, added every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹30800 at 15% per year for 2 years (in ₹)?
  34. 34.Find the amount when ₹12750 is invested at 20% per year compound interest for 3 years (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹40600 at 10% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹31000 is invested at 10% per year compound interest for 3 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹26400 at 25% per year for 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹6900 at 10% per year for 2 years (in ₹)?
  39. 39.Find the amount when ₹19375 is invested at 12% per year compound interest for 2 years (in ₹).
  40. 40.Find the amount when ₹21600 is invested at 15% per year compound interest for 2 years (in ₹).

Answer key

  1. 180
  2. 16767
  3. 4058
  4. 9261
  5. 393
  6. 9870
  7. 442
  8. 3162
  9. 1116
  10. 44250
  11. 430
  12. 214
  13. 9576
  14. 19683
  15. 101
  16. 49392
  17. 51030
  18. 1261
  19. 8268
  20. 12654
  21. 237
  22. 57661
  23. 230
  24. 53217
  25. 11916
  26. 3468
  27. 8788
  28. 109
  29. 27783
  30. 5445
  31. 14520
  32. 14833
  33. 693
  34. 22032
  35. 406
  36. 41261
  37. 1650
  38. 69
  39. 24304
  40. 28566

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