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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 960 · 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 ₹45900 at 10% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹44000 at 10% per year for 3 years, added every year (in ₹).
  3. 3.Find the compound interest on ₹9000 at 10% per year for 3 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹10100 at 10% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹14800 at 5% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹35300 at 10% per year for 2 years (in ₹)?
  7. 7.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).
  8. 8.Find the compound interest on ₹24000 at 5% per year for 2 years, added every year (in ₹).
  9. 9.Find the compound interest on ₹11250 at 8% per year for 2 years, added every year (in ₹).
  10. 10.Find the compound interest on ₹12000 at 10% per year for 3 years, added every year (in ₹).
  11. 11.Find the compound interest on ₹46875 at 4% per year for 2 years, added every year (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹28300 at 10% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹1100 at 10% per year for 2 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹26900 at 10% per year for 2 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹1300 at 10% per year for 2 years, added every year (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹6000 at 20% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  19. 19.Find the compound interest on ₹41000 at 10% per year for 3 years, added every year (in ₹).
  20. 20.Find the amount when ₹35625 is invested at 12% per year compound interest for 2 years (in ₹).
  21. 21.Find the amount when ₹21300 is invested at 10% per year compound interest for 2 years (in ₹).
  22. 22.Find the compound interest on ₹7100 at 20% per year for 2 years, added every year (in ₹).
  23. 23.Find the compound interest on ₹30250 at 20% per year for 2 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹8800 at 10% per year for 2 years, added every year (in ₹).
  25. 25.Find the compound interest on ₹35200 at 5% per year for 2 years, added every year (in ₹).
  26. 26.Find the compound interest on ₹2750 at 20% per year for 3 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹39500 at 20% per year for 3 years, added every year (in ₹).
  28. 28.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹42700 at 20% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹41400 at 10% per year for 2 years (in ₹)?
  31. 31.What is the difference between the compound interest and the simple interest on ₹33900 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 12% per year for 2 years (in ₹)?
  33. 33.What is the difference between the compound interest and the simple interest on ₹45000 at 8% per year for 2 years (in ₹)?
  34. 34.Find the amount when ₹12400 is invested at 5% per year compound interest for 2 years (in ₹).
  35. 35.Find the amount when ₹48400 is invested at 15% per year compound interest for 2 years (in ₹).
  36. 36.Find the compound interest on ₹33750 at 8% per year for 2 years, added every year (in ₹).
  37. 37.Find the amount when ₹22500 is invested at 8% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹5000 is invested at 10% per year compound interest for 3 years (in ₹).
  39. 39.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹18750 is invested at 8% per year compound interest for 2 years (in ₹).

Answer key

  1. 459
  2. 14564
  3. 2979
  4. 101
  5. 37
  6. 353
  7. 31944
  8. 2460
  9. 1872
  10. 3972
  11. 3825
  12. 283
  13. 231
  14. 5649
  15. 273
  16. 180
  17. 240
  18. 35152
  19. 13571
  20. 44688
  21. 25773
  22. 3124
  23. 13310
  24. 1848
  25. 3608
  26. 2002
  27. 28756
  28. 37044
  29. 1708
  30. 414
  31. 1356
  32. 360
  33. 288
  34. 13671
  35. 64009
  36. 5616
  37. 26244
  38. 6655
  39. 48
  40. 21870

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