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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 927 · 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 ₹30000 at 4% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹2500 at 4% per year for 2 years (in ₹)?
  3. 3.Find the amount when ₹1250 is invested at 12% per year compound interest for 2 years (in ₹).
  4. 4.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  5. 5.Find the amount when ₹32000 is invested at 10% per year compound interest for 3 years (in ₹).
  6. 6.Find the compound interest on ₹32000 at 10% per year for 2 years, added every year (in ₹).
  7. 7.Find the amount when ₹8875 is invested at 20% per year compound interest for 3 years (in ₹).
  8. 8.Find the amount when ₹450 is invested at 20% per year compound interest for 2 years (in ₹).
  9. 9.Find the amount when ₹30000 is invested at 5% per year compound interest for 2 years (in ₹).
  10. 10.Find the amount when ₹20250 is invested at 20% per year compound interest for 3 years (in ₹).
  11. 11.Find the amount when ₹28375 is invested at 20% per year compound interest for 3 years (in ₹).
  12. 12.Find the amount when ₹20625 is invested at 4% per year compound interest for 2 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹29000 at 20% per year for 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹43600 at 5% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹1875 at 12% per year for 2 years, added every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹27200 at 15% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹15250 is invested at 20% per year compound interest for 2 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹100 at 10% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  21. 21.Find the compound interest on ₹12400 at 5% per year for 2 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹46800 at 15% per year for 2 years (in ₹)?
  23. 23.Find the compound interest on ₹25000 at 12% per year for 2 years, added every year (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹8800 at 5% per year for 2 years (in ₹)?
  25. 25.What is the difference between the compound interest and the simple interest on ₹7200 at 5% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
  28. 28.Find the amount when ₹35000 is invested at 12% per year compound interest for 2 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹6400 at 5% per year for 2 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹10900 at 20% per year for 2 years (in ₹)?
  32. 32.What is the difference between the compound interest and the simple interest on ₹25000 at 4% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  34. 34.Find the amount when ₹7400 is invested at 20% per year compound interest for 2 years (in ₹).
  35. 35.Find the amount when ₹6960 is invested at 25% per year compound interest for 2 years (in ₹).
  36. 36.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  37. 37.Find the compound interest on ₹14400 at 5% per year for 2 years, added every year (in ₹).
  38. 38.Find the compound interest on ₹9525 at 20% per year for 2 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹8800 at 15% per year for 2 years, added every year (in ₹).
  40. 40.Find the amount when ₹16250 is invested at 4% per year compound interest for 2 years (in ₹).

Answer key

  1. 48
  2. 4
  3. 1568
  4. 24334
  5. 42592
  6. 6720
  7. 15336
  8. 648
  9. 33075
  10. 34992
  11. 49032
  12. 22308
  13. 1160
  14. 109
  15. 3783
  16. 477
  17. 612
  18. 21960
  19. 1
  20. 18981
  21. 1271
  22. 1053
  23. 6360
  24. 22
  25. 18
  26. 55566
  27. 108
  28. 43904
  29. 144
  30. 656
  31. 436
  32. 40
  33. 19683
  34. 10656
  35. 10875
  36. 21952
  37. 1476
  38. 4191
  39. 2838
  40. 17576

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