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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 784 · 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 ₹48800 at 20% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  3. 3.Find the amount when ₹30000 is invested at 15% per year compound interest for 2 years (in ₹).
  4. 4.Find the amount when ₹4400 is invested at 15% per year compound interest for 2 years (in ₹).
  5. 5.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
  6. 6.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
  7. 7.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹11000 at 10% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹40400 is invested at 5% per year compound interest for 2 years (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹27500 at 8% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹18750 is invested at 4% per year compound interest for 2 years (in ₹).
  12. 12.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹41000 at 10% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹20000 at 10% per year for 2 years, added every year (in ₹).
  15. 15.Find the amount when ₹22000 is invested at 10% per year compound interest for 3 years (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹45000 at 8% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹36900 at 10% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹32500 is invested at 10% per year compound interest for 2 years (in ₹).
  19. 19.Find the compound interest on ₹47600 at 15% per year for 2 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹22800 at 25% per year for 2 years (in ₹)?
  21. 21.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  22. 22.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  23. 23.Find the amount when ₹1250 is invested at 8% per year compound interest for 2 years (in ₹).
  24. 24.Find the compound interest on ₹18125 at 4% per year for 2 years, added every year (in ₹).
  25. 25.Find the amount when ₹4875 is invested at 20% per year compound interest for 3 years (in ₹).
  26. 26.Find the amount when ₹25600 is invested at 15% per year compound interest for 2 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹4400 at 20% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹3000 at 20% per year for 3 years, added every year (in ₹).
  29. 29.Find the amount when ₹27200 is invested at 5% per year compound interest for 2 years (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹4800 at 25% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹3000 is invested at 10% per year compound interest for 2 years (in ₹).
  32. 32.Find the compound interest on ₹37525 at 20% per year for 2 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹21250 at 20% per year for 3 years, added every year (in ₹).
  34. 34.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  35. 35.Find the amount when ₹5000 is invested at 10% per year compound interest for 3 years (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹4400 at 15% per year for 2 years (in ₹)?
  37. 37.What is the difference between the compound interest and the simple interest on ₹20700 at 10% per year for 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
  40. 40.Find the compound interest on ₹30000 at 12% per year for 2 years, added every year (in ₹).

Answer key

  1. 1952
  2. 9261
  3. 39675
  4. 5819
  5. 48668
  6. 5853
  7. 7566
  8. 110
  9. 44541
  10. 176
  11. 20280
  12. 5044
  13. 410
  14. 4200
  15. 29282
  16. 288
  17. 369
  18. 39325
  19. 15351
  20. 1425
  21. 12
  22. 20835
  23. 1458
  24. 1479
  25. 8424
  26. 33856
  27. 176
  28. 2184
  29. 29988
  30. 300
  31. 3630
  32. 16511
  33. 15470
  34. 65856
  35. 6655
  36. 99
  37. 207
  38. 32
  39. 304
  40. 7632

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