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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 848 · 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 ₹33200 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 compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹34000 at 25% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹23600 at 5% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹47500 at 12% per year for 2 years (in ₹)?
  7. 7.What is the difference between the compound interest and the simple interest on ₹16400 at 20% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹48400 at 15% per year for 2 years (in ₹)?
  11. 11.Find the compound interest on ₹3750 at 4% per year for 2 years, added every year (in ₹).
  12. 12.Find the amount when ₹31875 is invested at 12% per year compound interest for 2 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹42800 at 5% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹27000 is invested at 10% per year compound interest for 3 years (in ₹).
  15. 15.Find the amount when ₹18000 is invested at 15% per year compound interest for 2 years (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹33600 at 25% per year for 2 years (in ₹)?
  17. 17.Find the amount when ₹46848 is invested at 25% per year compound interest for 3 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 amount when ₹5000 is invested at 10% per year compound interest for 3 years (in ₹).
  20. 20.Find the amount when ₹8976 is invested at 25% per year compound interest for 2 years (in ₹).
  21. 21.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹21600 at 25% per year for 2 years (in ₹)?
  23. 23.What is the difference between the compound interest and the simple interest on ₹48100 at 20% per year for 2 years (in ₹)?
  24. 24.What is the difference between the compound interest and the simple interest on ₹25900 at 10% per year for 2 years (in ₹)?
  25. 25.Find the amount when ₹6250 is invested at 4% per year compound interest for 2 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹32400 at 15% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹16800 is invested at 5% per year compound interest for 2 years (in ₹).
  28. 28.Find the amount when ₹22750 is invested at 20% per year compound interest for 3 years (in ₹).
  29. 29.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  30. 30.Find the amount when ₹22500 is invested at 4% per year compound interest for 2 years (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹42400 at 15% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹9200 at 15% per year for 2 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹30625 at 8% per year for 2 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹22800 at 5% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹6900 at 20% per year for 2 years (in ₹)?
  36. 36.Find the compound interest on ₹7600 at 5% per year for 2 years, added every year (in ₹).
  37. 37.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  38. 38.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  39. 39.Find the amount when ₹7875 is invested at 20% per year compound interest for 3 years (in ₹).
  40. 40.Find the amount when ₹31875 is invested at 4% per year compound interest for 2 years (in ₹).

Answer key

  1. 1328
  2. 9261
  3. 1951
  4. 2125
  5. 59
  6. 684
  7. 656
  8. 28
  9. 46305
  10. 1089
  11. 306
  12. 39984
  13. 107
  14. 35937
  15. 23805
  16. 2100
  17. 91500
  18. 1261
  19. 6655
  20. 14025
  21. 7566
  22. 1350
  23. 1924
  24. 259
  25. 6760
  26. 729
  27. 18522
  28. 39312
  29. 3902
  30. 24336
  31. 954
  32. 2967
  33. 5096
  34. 57
  35. 276
  36. 779
  37. 6327
  38. 21952
  39. 13608
  40. 34476

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