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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 893 · 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 ₹10000 at 8% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  3. 3.What is the difference between the compound interest and the simple interest on ₹11600 at 25% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
  5. 5.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
  6. 6.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  7. 7.Find the compound interest on ₹36400 at 5% per year for 2 years, added every year (in ₹).
  8. 8.Find the compound interest on ₹14025 at 20% per year for 2 years, added every year (in ₹).
  9. 9.Find the amount when ₹18000 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 ₹47100 at 10% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹28800 is invested at 15% per year compound interest for 2 years (in ₹).
  12. 12.Find the amount when ₹49600 is invested at 15% per year compound interest for 2 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹39200 at 5% per year for 2 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 amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹46400 at 15% per year for 2 years (in ₹)?
  17. 17.Find the amount when ₹43488 is invested at 25% per year compound interest for 2 years (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹32100 at 10% per year for 2 years (in ₹)?
  19. 19.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹35600 at 5% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹48300 is invested at 10% per year compound interest for 2 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹13500 at 20% per year for 2 years (in ₹)?
  25. 25.Find the amount when ₹20000 is invested at 10% per year compound interest for 3 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹4500 at 10% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹34384 is invested at 25% per year compound interest for 2 years (in ₹).
  28. 28.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹14000 at 25% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹25100 at 10% per year for 2 years (in ₹)?
  31. 31.What is the difference between the compound interest and the simple interest on ₹43200 at 25% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹34375 at 8% per year for 2 years, added every year (in ₹).
  33. 33.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  34. 34.Find the amount when ₹6875 is invested at 4% per year compound interest for 2 years (in ₹).
  35. 35.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  36. 36.Find the compound interest on ₹9375 at 20% per year for 3 years, added every year (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹35500 at 10% per year for 2 years (in ₹)?
  38. 38.Find the compound interest on ₹48000 at 5% per year for 2 years, added every year (in ₹).
  39. 39.What is the difference between the compound interest and the simple interest on ₹30000 at 4% per year for 2 years (in ₹)?
  40. 40.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?

Answer key

  1. 64
  2. 272
  3. 725
  4. 48668
  5. 12501
  6. 36501
  7. 3731
  8. 6171
  9. 23958
  10. 471
  11. 38088
  12. 65596
  13. 98
  14. 3902
  15. 37044
  16. 1044
  17. 67950
  18. 321
  19. 4058
  20. 32
  21. 55566
  22. 89
  23. 58443
  24. 540
  25. 26620
  26. 45
  27. 53725
  28. 19683
  29. 875
  30. 251
  31. 2700
  32. 5720
  33. 17576
  34. 7436
  35. 6327
  36. 6825
  37. 355
  38. 4920
  39. 48
  40. 80

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