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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 954 · 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 ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  2. 2.Find the compound interest on ₹46000 at 10% per year for 3 years, added every year (in ₹).
  3. 3.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  4. 4.Find the amount when ₹600 is invested at 10% per year compound interest for 2 years (in ₹).
  5. 5.Find the amount when ₹39552 is invested at 25% per year compound interest for 3 years (in ₹).
  6. 6.Find the compound interest on ₹30625 at 12% per year for 2 years, added every year (in ₹).
  7. 7.Find the compound interest on ₹40000 at 10% per year for 2 years, added every year (in ₹).
  8. 8.Find the amount when ₹42400 is invested at 5% per year compound interest for 2 years (in ₹).
  9. 9.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  10. 10.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  11. 11.Find the compound interest on ₹18000 at 5% per year for 2 years, added every year (in ₹).
  12. 12.Find the amount when ₹6375 is invested at 20% per year compound interest for 3 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹4000 at 5% per year for 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹2400 at 5% per year for 2 years, added every year (in ₹).
  16. 16.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  17. 17.Find the amount when ₹47040 is invested at 25% per year compound interest for 3 years (in ₹).
  18. 18.Find the amount when ₹11625 is invested at 20% per year compound interest for 3 years (in ₹).
  19. 19.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹18800 at 15% per year for 2 years (in ₹)?
  21. 21.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
  22. 22.Find the compound interest on ₹7040 at 25% per year for 3 years, added every year (in ₹).
  23. 23.Find the amount when ₹15000 is invested at 12% per year compound interest for 2 years (in ₹).
  24. 24.Find the amount when ₹12500 is invested at 12% per year compound interest for 2 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹42200 at 20% per year for 2 years (in ₹)?
  26. 26.What is the difference between the compound interest and the simple interest on ₹7200 at 15% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹10000 is invested at 10% per year compound interest for 3 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹28800 at 25% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹47500 at 4% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹48000 at 10% per year for 2 years (in ₹)?
  33. 33.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
  35. 35.Find the amount when ₹30000 is invested at 10% per year compound interest for 3 years (in ₹).
  36. 36.Find the amount when ₹16250 is invested at 12% per year compound interest for 2 years (in ₹).
  37. 37.Find the amount when ₹7000 is invested at 10% per year compound interest for 3 years (in ₹).
  38. 38.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  39. 39.Find the amount when ₹6000 is invested at 10% per year compound interest for 3 years (in ₹).
  40. 40.Find the amount when ₹19200 is invested at 5% per year compound interest for 2 years (in ₹).

Answer key

  1. 37044
  2. 15226
  3. 36501
  4. 726
  5. 77250
  6. 7791
  7. 8400
  8. 46746
  9. 43904
  10. 1951
  11. 1845
  12. 11016
  13. 10
  14. 128
  15. 246
  16. 17576
  17. 91875
  18. 20088
  19. 1261
  20. 423
  21. 60
  22. 6710
  23. 18816
  24. 15680
  25. 1688
  26. 162
  27. 13310
  28. 1800
  29. 12
  30. 76
  31. 18522
  32. 480
  33. 4167
  34. 28
  35. 39930
  36. 20384
  37. 9317
  38. 25002
  39. 7986
  40. 21168

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