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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 952 · 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 amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  2. 2.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
  3. 3.Find the amount when ₹33300 is invested at 20% per year compound interest for 2 years (in ₹).
  4. 4.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  5. 5.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
  6. 6.Find the amount when ₹46875 is invested at 8% per year compound interest for 2 years (in ₹).
  7. 7.Find the amount when ₹1000 is invested at 10% per year compound interest for 3 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹38000 at 25% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹36925 at 20% per year for 2 years, added every year (in ₹).
  10. 10.Find the compound interest on ₹36000 at 10% per year for 3 years, added every year (in ₹).
  11. 11.Find the compound interest on ₹20496 at 25% per year for 2 years, added every year (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹14300 at 20% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹10300 at 10% per year for 2 years (in ₹)?
  17. 17.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  18. 18.Find the amount when ₹35184 is invested at 25% per year compound interest for 2 years (in ₹).
  19. 19.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  20. 20.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  21. 21.Find the amount when ₹41375 is invested at 20% per year compound interest for 3 years (in ₹).
  22. 22.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  23. 23.Find the amount when ₹46875 is invested at 20% per year compound interest for 3 years (in ₹).
  24. 24.Find the amount when ₹5000 is invested at 8% per year compound interest for 2 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹50000 at 12% per year for 2 years (in ₹)?
  26. 26.What is the difference between the compound interest and the simple interest on ₹42800 at 5% per year for 2 years (in ₹)?
  27. 27.What is the difference between the compound interest and the simple interest on ₹18400 at 15% per year for 2 years (in ₹)?
  28. 28.What is the difference between the compound interest and the simple interest on ₹35600 at 20% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹14400 at 15% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹3600 at 15% per year for 2 years (in ₹)?
  31. 31.What is the difference between the compound interest and the simple interest on ₹15600 at 10% 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 compound interest on ₹8256 at 25% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹48600 at 10% per year for 2 years (in ₹)?
  36. 36.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
  38. 38.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  39. 39.Find the amount when ₹14000 is invested at 10% per year compound interest for 3 years (in ₹).
  40. 40.Find the compound interest on ₹48750 at 12% per year for 2 years, added every year (in ₹).

Answer key

  1. 18522
  2. 320
  3. 47952
  4. 3783
  5. 73002
  6. 54675
  7. 1331
  8. 2375
  9. 16247
  10. 11916
  11. 11529
  12. 572
  13. 8116
  14. 4167
  15. 6327
  16. 103
  17. 39366
  18. 54975
  19. 21952
  20. 19683
  21. 71496
  22. 43904
  23. 81000
  24. 5832
  25. 720
  26. 107
  27. 414
  28. 1424
  29. 324
  30. 81
  31. 156
  32. 40
  33. 7869
  34. 272
  35. 486
  36. 1951
  37. 44
  38. 2522
  39. 18634
  40. 12402

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