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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 859 · 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 amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  2. 2.Find the amount when ₹38800 is invested at 15% per year compound interest for 2 years (in ₹).
  3. 3.Find the amount when ₹19375 is invested at 8% per year compound interest for 2 years (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹45000 at 8% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹3000 is invested at 10% per year compound interest for 3 years (in ₹).
  7. 7.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  8. 8.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹21875 is invested at 4% per year compound interest for 2 years (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹32800 at 5% per year for 2 years (in ₹)?
  13. 13.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  14. 14.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹25600 at 5% per year for 2 years, added every year (in ₹).
  16. 16.Find the amount when ₹41000 is invested at 10% per year compound interest for 3 years (in ₹).
  17. 17.Find the amount when ₹19375 is invested at 12% per year compound interest for 2 years (in ₹).
  18. 18.Find the compound interest on ₹8000 at 10% per year for 3 years, added every year (in ₹).
  19. 19.Find the compound interest on ₹3850 at 20% per year for 2 years, added every year (in ₹).
  20. 20.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  21. 21.Find the compound interest on ₹40960 at 25% per year for 3 years, added every year (in ₹).
  22. 22.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  23. 23.Find the compound interest on ₹17024 at 25% per year for 2 years, added every year (in ₹).
  24. 24.Find the amount when ₹48300 is invested at 10% per year compound interest for 2 years (in ₹).
  25. 25.Find the compound interest on ₹6250 at 4% per year for 2 years, added every year (in ₹).
  26. 26.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹26000 at 10% per year for 3 years, added every year (in ₹).
  28. 28.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  29. 29.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  30. 30.Find the compound interest on ₹10625 at 8% per year for 2 years, added every year (in ₹).
  31. 31.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).
  32. 32.Find the amount when ₹32500 is invested at 8% per year compound interest for 2 years (in ₹).
  33. 33.Find the amount when ₹37500 is invested at 4% per year compound interest for 2 years (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹7200 at 15% per year for 2 years (in ₹)?
  35. 35.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  36. 36.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹14400 at 5% per year for 2 years (in ₹)?
  38. 38.Find the compound interest on ₹3550 at 20% per year for 2 years, added every year (in ₹).
  39. 39.Find the amount when ₹37500 is invested at 12% per year compound interest for 2 years (in ₹).
  40. 40.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).

Answer key

  1. 37044
  2. 51313
  3. 22599
  4. 320
  5. 288
  6. 3993
  7. 19683
  8. 55566
  9. 180
  10. 23660
  11. 36
  12. 82
  13. 17576
  14. 3902
  15. 2624
  16. 54571
  17. 24304
  18. 2648
  19. 1694
  20. 4058
  21. 39040
  22. 6327
  23. 9576
  24. 58443
  25. 510
  26. 8116
  27. 8606
  28. 12174
  29. 52728
  30. 1768
  31. 31944
  32. 37908
  33. 40560
  34. 162
  35. 36501
  36. 12654
  37. 36
  38. 1562
  39. 47040
  40. 3783

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