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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 918 · 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 ₹2500 at 8% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹7000 at 10% per year for 3 years, added every year (in ₹).
  3. 3.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹22800 at 10% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹6000 at 20% per year for 2 years (in ₹)?
  7. 7.What is the difference between the compound interest and the simple interest on ₹36800 at 10% per year for 2 years (in ₹)?
  8. 8.Find the amount when ₹17500 is invested at 20% per year compound interest for 3 years (in ₹).
  9. 9.Find the amount when ₹39200 is invested at 5% per year compound interest for 2 years (in ₹).
  10. 10.Find the compound interest on ₹6000 at 20% per year for 3 years, added every year (in ₹).
  11. 11.Find the amount when ₹3750 is invested at 4% per year compound interest for 2 years (in ₹).
  12. 12.Find the compound interest on ₹3200 at 10% per year for 2 years, added every year (in ₹).
  13. 13.Find the amount when ₹26000 is invested at 5% per year compound interest for 2 years (in ₹).
  14. 14.Find the amount when ₹22000 is invested at 10% per year compound interest for 3 years (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
  16. 16.Find the amount when ₹44000 is invested at 15% per year compound interest for 2 years (in ₹).
  17. 17.Find the amount when ₹34800 is invested at 5% per year compound interest for 2 years (in ₹).
  18. 18.Find the amount when ₹13125 is invested at 4% per year compound interest for 2 years (in ₹).
  19. 19.Find the compound interest on ₹26688 at 25% per year for 3 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹31300 at 10% per year for 2 years (in ₹)?
  21. 21.Find the compound interest on ₹29248 at 25% per year for 2 years, added every year (in ₹).
  22. 22.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  23. 23.Find the compound interest on ₹26375 at 20% per year for 3 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹45000 at 10% per year for 3 years, added every year (in ₹).
  25. 25.Find the amount when ₹14400 is invested at 10% per year compound interest for 2 years (in ₹).
  26. 26.Find the amount when ₹21200 is invested at 5% per year compound interest for 2 years (in ₹).
  27. 27.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹3600 at 25% per year for 2 years (in ₹)?
  29. 29.Find the amount when ₹31250 is invested at 20% per year compound interest for 3 years (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹19800 at 10% per year for 2 years (in ₹)?
  31. 31.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
  32. 32.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
  33. 33.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹36800 at 5% per year for 2 years (in ₹)?
  35. 35.Find the compound interest on ₹45625 at 12% per year for 2 years, added every year (in ₹).
  36. 36.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  37. 37.Find the amount when ₹36000 is invested at 15% per year compound interest for 2 years (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹2800 at 25% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).

Answer key

  1. 16
  2. 2317
  3. 24334
  4. 228
  5. 272
  6. 240
  7. 368
  8. 30240
  9. 43218
  10. 4368
  11. 4056
  12. 672
  13. 28665
  14. 29282
  15. 224
  16. 58190
  17. 38367
  18. 14196
  19. 25437
  20. 313
  21. 16452
  22. 1261
  23. 19201
  24. 14895
  25. 17424
  26. 23373
  27. 52728
  28. 225
  29. 54000
  30. 198
  31. 180
  32. 44
  33. 7566
  34. 92
  35. 11607
  36. 21952
  37. 47610
  38. 80
  39. 175
  40. 18522

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