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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 950 · 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 ₹2800 at 5% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹25000 at 4% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  5. 5.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  6. 6.What is the difference between the compound interest and the simple interest on ₹7600 at 15% per year for 2 years (in ₹)?
  7. 7.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  8. 8.Find the amount when ₹18750 is invested at 12% per year compound interest for 2 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹7200 at 25% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹9200 at 5% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹16688 is invested at 25% per year compound interest for 2 years (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹22800 at 25% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹23856 at 25% per year for 2 years, added every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
  15. 15.Find the amount when ₹6400 is invested at 5% per year compound interest for 2 years (in ₹).
  16. 16.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹35000 at 4% per year for 2 years (in ₹)?
  18. 18.Find the compound interest on ₹26250 at 12% per year for 2 years, added every year (in ₹).
  19. 19.Find the compound interest on ₹15200 at 15% per year for 2 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹30100 at 10% per year for 2 years (in ₹)?
  21. 21.Find the compound interest on ₹22500 at 4% per year for 2 years, added every year (in ₹).
  22. 22.Find the amount when ₹17500 is invested at 20% per year compound interest for 3 years (in ₹).
  23. 23.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  24. 24.Find the amount when ₹11328 is invested at 25% per year compound interest for 3 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹43500 is invested at 20% per year compound interest for 3 years (in ₹).
  27. 27.Find the compound interest on ₹46875 at 12% per year for 2 years, added every year (in ₹).
  28. 28.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹16700 at 20% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹20176 at 25% per year for 2 years, added every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
  34. 34.Find the amount when ₹12000 is invested at 10% per year compound interest for 3 years (in ₹).
  35. 35.Find the compound interest on ₹2625 at 20% per year for 2 years, added every year (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹20032 is invested at 25% per year compound interest for 3 years (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).

Answer key

  1. 7
  2. 18981
  3. 40
  4. 27783
  5. 17576
  6. 171
  7. 1951
  8. 23520
  9. 450
  10. 23
  11. 26075
  12. 1425
  13. 13419
  14. 304
  15. 7056
  16. 2522
  17. 56
  18. 6678
  19. 4902
  20. 301
  21. 1836
  22. 30240
  23. 43904
  24. 22125
  25. 224
  26. 75168
  27. 11925
  28. 52728
  29. 272
  30. 8116
  31. 668
  32. 11349
  33. 256
  34. 15972
  35. 1155
  36. 612
  37. 39125
  38. 60
  39. 108
  40. 39366

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