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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 724 · 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.Find the compound interest on ₹38400 at 20% per year for 2 years, added every year (in ₹).
  2. 2.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  3. 3.Find the amount when ₹29400 is invested at 10% per year compound interest for 2 years (in ₹).
  4. 4.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  5. 5.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  6. 6.Find the amount when ₹16250 is invested at 8% per year compound interest for 2 years (in ₹).
  7. 7.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  8. 8.Find the compound interest on ₹20000 at 12% per year for 2 years, added every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹7800 at 20% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹25000 at 8% per year for 2 years, added every year (in ₹).
  11. 11.Find the amount when ₹29952 is invested at 25% per year compound interest for 3 years (in ₹).
  12. 12.Find the amount when ₹2800 is invested at 5% per year compound interest for 2 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹10000 at 25% per year for 2 years (in ₹)?
  16. 16.Find the compound interest on ₹21600 at 15% per year for 2 years, added every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹29100 at 10% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹46800 is invested at 5% per year compound interest for 2 years (in ₹).
  19. 19.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  20. 20.Find the amount when ₹9375 is invested at 4% per year compound interest for 2 years (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹16600 at 10% per year for 2 years (in ₹)?
  22. 22.What is the difference between the compound interest and the simple interest on ₹27700 at 10% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹23040 is invested at 25% per year compound interest for 2 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹12000 at 5% per year for 2 years (in ₹)?
  25. 25.What is the difference between the compound interest and the simple interest on ₹46800 at 10% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹41875 at 8% per year for 2 years, added every year (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹13600 at 15% per year for 2 years (in ₹)?
  28. 28.Find the amount when ₹22800 is invested at 15% per year compound interest for 2 years (in ₹).
  29. 29.Find the compound interest on ₹38750 at 20% per year for 3 years, added every year (in ₹).
  30. 30.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  31. 31.Find the compound interest on ₹33280 at 25% per year for 3 years, added every year (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹43000 at 10% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  34. 34.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹1000 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 ₹42400 at 10% per year for 2 years (in ₹)?
  38. 38.Find the compound interest on ₹4375 at 4% per year for 2 years, added every year (in ₹).
  39. 39.What is the difference between the compound interest and the simple interest on ₹24900 at 20% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹26875 is invested at 12% per year compound interest for 2 years (in ₹).

Answer key

  1. 16896
  2. 36501
  3. 35574
  4. 39366
  5. 37044
  6. 18954
  7. 52728
  8. 5088
  9. 312
  10. 4160
  11. 58500
  12. 3087
  13. 256
  14. 18522
  15. 625
  16. 6966
  17. 291
  18. 51597
  19. 4058
  20. 10140
  21. 166
  22. 277
  23. 36000
  24. 30
  25. 468
  26. 6968
  27. 306
  28. 30153
  29. 28210
  30. 18981
  31. 31720
  32. 430
  33. 17576
  34. 9261
  35. 44
  36. 1331
  37. 424
  38. 357
  39. 996
  40. 33712

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