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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 924 · 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 compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  2. 2.What is the difference between the compound interest and the simple interest on ₹49200 at 15% per year for 2 years (in ₹)?
  3. 3.Find the compound interest on ₹3648 at 25% per year for 2 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹39000 at 20% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹47100 at 20% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  7. 7.Find the amount when ₹38800 is invested at 5% per year compound interest for 2 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹29600 at 25% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹30000 at 4% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹22800 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 ₹29600 at 5% per year for 2 years (in ₹)?
  12. 12.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  13. 13.Find the compound interest on ₹23300 at 10% per year for 2 years, added every year (in ₹).
  14. 14.Find the amount when ₹8000 is invested at 10% per year compound interest for 3 years (in ₹).
  15. 15.Find the amount when ₹40600 is invested at 20% per year compound interest for 2 years (in ₹).
  16. 16.Find the compound interest on ₹6375 at 20% per year for 3 years, added every year (in ₹).
  17. 17.Find the amount when ₹18125 is invested at 8% per year compound interest for 2 years (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹30000 at 15% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹34000 is invested at 15% per year compound interest for 2 years (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹10400 at 5% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹6864 is invested at 25% per year compound interest for 2 years (in ₹).
  22. 22.Find the amount when ₹21600 is invested at 20% per year compound interest for 2 years (in ₹).
  23. 23.Find the amount when ₹25625 is invested at 12% per year compound interest for 2 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹39600 at 5% per year for 2 years (in ₹)?
  25. 25.Find the amount when ₹16064 is invested at 25% per year compound interest for 3 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹16800 at 25% per year for 2 years (in ₹)?
  27. 27.Find the compound interest on ₹22848 at 25% per year for 3 years, added every year (in ₹).
  28. 28.Find the amount when ₹28375 is invested at 20% per year compound interest for 3 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹41000 at 10% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹30000 is invested at 5% per year compound interest for 2 years (in ₹).
  32. 32.Find the compound interest on ₹2800 at 5% per year for 2 years, added every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
  34. 34.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
  35. 35.Find the compound interest on ₹16250 at 20% per year for 3 years, added every year (in ₹).
  36. 36.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  37. 37.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  38. 38.Find the amount when ₹49375 is invested at 4% per year compound interest for 2 years (in ₹).
  39. 39.Find the compound interest on ₹1792 at 25% per year for 3 years, added every year (in ₹).
  40. 40.Find the amount when ₹40625 is invested at 4% per year compound interest for 2 years (in ₹).

Answer key

  1. 2522
  2. 1107
  3. 2052
  4. 1560
  5. 1884
  6. 18981
  7. 42777
  8. 1850
  9. 48
  10. 27588
  11. 74
  12. 12174
  13. 4893
  14. 10648
  15. 58464
  16. 4641
  17. 21141
  18. 675
  19. 44965
  20. 26
  21. 10725
  22. 31104
  23. 32144
  24. 99
  25. 31375
  26. 1050
  27. 21777
  28. 49032
  29. 410
  30. 320
  31. 33075
  32. 287
  33. 60
  34. 8334
  35. 11830
  36. 17576
  37. 8116
  38. 53404
  39. 1708
  40. 43940

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