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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 880 · 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 ₹6000 at 25% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹4000 at 20% per year for 3 years, added every year (in ₹).
  5. 5.Find the amount when ₹24625 is invested at 20% per year compound interest for 3 years (in ₹).
  6. 6.Find the compound interest on ₹24960 at 25% per year for 3 years, added every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹6000 is invested at 10% per year compound interest for 3 years (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹5600 at 15% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹1875 is invested at 4% per year compound interest for 2 years (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹11500 at 20% per year for 3 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  16. 16.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
  17. 17.Find the compound interest on ₹11250 at 4% per year for 2 years, added every year (in ₹).
  18. 18.Find the compound interest on ₹29375 at 20% per year for 2 years, added every year (in ₹).
  19. 19.Find the amount when ₹35350 is invested at 20% per year compound interest for 2 years (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹3125 is invested at 8% per year compound interest for 2 years (in ₹).
  22. 22.Find the compound interest on ₹11250 at 12% per year for 2 years, added every year (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹47500 at 4% per year for 2 years (in ₹)?
  24. 24.Find the compound interest on ₹28300 at 10% per year for 2 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹41600 at 25% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹26825 is invested at 20% per year compound interest for 2 years (in ₹).
  27. 27.Find the amount when ₹6300 is invested at 10% per year compound interest for 2 years (in ₹).
  28. 28.Find the compound interest on ₹25600 at 5% per year for 2 years, added every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹20400 at 15% per year for 2 years (in ₹)?
  30. 30.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).
  31. 31.Find the compound interest on ₹41000 at 10% per year for 2 years, added every year (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹9200 at 25% per year for 2 years (in ₹)?
  33. 33.Find the compound interest on ₹30000 at 12% per year for 2 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹26900 at 20% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹12000 at 5% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹8875 is invested at 20% per year compound interest for 3 years (in ₹).
  37. 37.Find the compound interest on ₹27600 at 5% per year for 2 years, added every year (in ₹).
  38. 38.Find the compound interest on ₹17850 at 20% per year for 2 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  40. 40.Find the amount when ₹23872 is invested at 25% per year compound interest for 3 years (in ₹).

Answer key

  1. 375
  2. 19683
  3. 576
  4. 2912
  5. 42552
  6. 23790
  7. 72
  8. 32
  9. 7986
  10. 126
  11. 2028
  12. 28
  13. 180
  14. 8372
  15. 12654
  16. 73002
  17. 918
  18. 12925
  19. 50904
  20. 8
  21. 3645
  22. 2862
  23. 76
  24. 5943
  25. 2600
  26. 38628
  27. 7623
  28. 2624
  29. 459
  30. 31944
  31. 8610
  32. 575
  33. 7632
  34. 1076
  35. 30
  36. 15336
  37. 2829
  38. 7854
  39. 2522
  40. 46625

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