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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 949 · 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 ₹11250 at 12% per year for 2 years, added every year (in ₹).
  2. 2.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹14300 at 20% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹13040 at 25% per year for 2 years, added every year (in ₹).
  5. 5.Find the amount when ₹44650 is invested at 20% per year compound interest for 2 years (in ₹).
  6. 6.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹5600 at 5% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹30000 at 5% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹33200 at 15% per year for 2 years, added every year (in ₹).
  10. 10.Find the amount when ₹14016 is invested at 25% per year compound interest for 2 years (in ₹).
  11. 11.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹17500 at 12% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹16250 is invested at 4% per year compound interest for 2 years (in ₹).
  15. 15.Find the compound interest on ₹14550 at 20% per year for 2 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹22800 at 5% per year for 2 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  18. 18.Find the compound interest on ₹40775 at 20% per year for 2 years, added every year (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹40500 at 20% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹30100 at 10% per year for 2 years, added every year (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹15600 at 5% per year for 2 years (in ₹)?
  22. 22.Find the amount when ₹48025 is invested at 20% per year compound interest for 2 years (in ₹).
  23. 23.Find the amount when ₹2400 is invested at 20% per year compound interest for 2 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹16400 at 15% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹10000 at 15% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).
  28. 28.Find the amount when ₹15000 is invested at 10% per year compound interest for 3 years (in ₹).
  29. 29.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹47600 at 15% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  32. 32.Find the compound interest on ₹34900 at 10% per year for 2 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹49000 at 10% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹27500 at 12% per year for 2 years (in ₹)?
  35. 35.Find the compound interest on ₹7200 at 15% per year for 2 years, added every year (in ₹).
  36. 36.Find the compound interest on ₹17250 at 20% per year for 2 years, added every year (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹47200 at 5% per year for 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹8000 at 25% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹33125 is invested at 4% per year compound interest for 2 years (in ₹).

Answer key

  1. 2862
  2. 7566
  3. 572
  4. 7335
  5. 64296
  6. 19683
  7. 14
  8. 75
  9. 10707
  10. 21900
  11. 25002
  12. 96
  13. 252
  14. 17576
  15. 6402
  16. 2337
  17. 12654
  18. 17941
  19. 1620
  20. 6321
  21. 39
  22. 69156
  23. 3456
  24. 369
  25. 1261
  26. 225
  27. 31944
  28. 19965
  29. 18981
  30. 1071
  31. 35152
  32. 7329
  33. 16219
  34. 396
  35. 2322
  36. 7590
  37. 118
  38. 500
  39. 44
  40. 35828

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