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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 863 · 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 ₹5700 at 20% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹18624 at 25% per year for 3 years, added every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹45000 at 8% per year for 2 years, added every year (in ₹).
  5. 5.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  6. 6.Find the amount when ₹4000 is invested at 10% per year compound interest for 3 years (in ₹).
  7. 7.Find the compound interest on ₹25625 at 12% per year for 2 years, added every year (in ₹).
  8. 8.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  9. 9.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  10. 10.Find the amount when ₹11600 is invested at 10% per year compound interest for 2 years (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹39200 at 5% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  13. 13.Find the compound interest on ₹11600 at 5% per year for 2 years, added every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹32000 at 25% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹30400 at 25% per year for 2 years (in ₹)?
  16. 16.Find the compound interest on ₹36375 at 20% per year for 3 years, added every year (in ₹).
  17. 17.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  18. 18.Find the amount when ₹18000 is invested at 10% per year compound interest for 3 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹28700 at 20% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹30700 at 10% per year for 2 years, added every year (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹24800 at 25% per year for 2 years (in ₹)?
  22. 22.Find the amount when ₹13440 is invested at 25% per year compound interest for 3 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹13200 at 25% per year for 2 years (in ₹)?
  24. 24.Find the amount when ₹6875 is invested at 4% per year compound interest for 2 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  27. 27.Find the amount when ₹5775 is invested at 20% per year compound interest for 2 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹2000 at 25% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹44800 at 5% per year for 2 years, added every year (in ₹).
  31. 31.Find the compound interest on ₹6250 at 8% per year for 2 years, added every year (in ₹).
  32. 32.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹8400 at 25% per year for 2 years (in ₹)?
  35. 35.Find the amount when ₹19375 is invested at 20% per year compound interest for 2 years (in ₹).
  36. 36.Find the amount when ₹1250 is invested at 12% per year compound interest for 2 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹36700 at 10% per year for 2 years (in ₹)?
  39. 39.Find the amount when ₹17000 is invested at 10% per year compound interest for 3 years (in ₹).
  40. 40.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).

Answer key

  1. 228
  2. 17751
  3. 272
  4. 7488
  5. 19683
  6. 5324
  7. 6519
  8. 8116
  9. 36501
  10. 14036
  11. 98
  12. 46305
  13. 1189
  14. 2000
  15. 1900
  16. 26481
  17. 9261
  18. 23958
  19. 1148
  20. 6447
  21. 1550
  22. 26250
  23. 825
  24. 7436
  25. 32
  26. 43904
  27. 8316
  28. 125
  29. 80
  30. 4592
  31. 1040
  32. 12174
  33. 4167
  34. 525
  35. 27900
  36. 1568
  37. 304
  38. 367
  39. 22627
  40. 37044

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