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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 961 · 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 ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  2. 2.Find the compound interest on ₹49000 at 10% per year for 3 years, added every year (in ₹).
  3. 3.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹2500 at 4% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹16800 at 15% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹7000 at 10% per year for 3 years, added every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹46400 at 15% per year for 2 years (in ₹)?
  8. 8.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  9. 9.Find the amount when ₹41225 is invested at 20% per year compound interest for 2 years (in ₹).
  10. 10.Find the amount when ₹4375 is invested at 12% per year compound interest for 2 years (in ₹).
  11. 11.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
  12. 12.Find the compound interest on ₹22000 at 10% per year for 3 years, added every year (in ₹).
  13. 13.Find the compound interest on ₹8750 at 20% per year for 3 years, added every year (in ₹).
  14. 14.Find the amount when ₹43250 is invested at 20% per year compound interest for 2 years (in ₹).
  15. 15.Find the compound interest on ₹48320 at 25% per year for 3 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹49925 at 20% per year for 2 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹30625 at 20% per year for 3 years, added every year (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹32000 at 5% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹4475 is invested at 20% per year compound interest for 2 years (in ₹).
  20. 20.Find the amount when ₹24832 is invested at 25% per year compound interest for 3 years (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹12200 at 10% per year for 2 years (in ₹)?
  22. 22.Find the compound interest on ₹12500 at 10% per year for 2 years, added every year (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹20200 at 20% per year for 2 years (in ₹)?
  24. 24.Find the amount when ₹5525 is invested at 20% per year compound interest for 2 years (in ₹).
  25. 25.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹5600 at 15% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹17600 is invested at 5% per year compound interest for 2 years (in ₹).
  28. 28.Find the amount when ₹4375 is invested at 8% per year compound interest for 2 years (in ₹).
  29. 29.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  30. 30.Find the compound interest on ₹12800 at 20% per year for 2 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  33. 33.Find the amount when ₹22500 is invested at 12% per year compound interest for 2 years (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹12500 at 4% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹40400 at 25% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹6400 at 10% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹40500 is invested at 20% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹29000 is invested at 10% per year compound interest for 3 years (in ₹).
  39. 39.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  40. 40.Find the compound interest on ₹24600 at 10% per year for 2 years, added every year (in ₹).

Answer key

  1. 19683
  2. 16219
  3. 7566
  4. 4
  5. 378
  6. 2317
  7. 1044
  8. 36501
  9. 59364
  10. 5488
  11. 60835
  12. 7282
  13. 6370
  14. 62280
  15. 46055
  16. 21967
  17. 22295
  18. 80
  19. 6444
  20. 48500
  21. 122
  22. 2625
  23. 808
  24. 7956
  25. 12167
  26. 126
  27. 19404
  28. 5103
  29. 8116
  30. 5632
  31. 80
  32. 18981
  33. 28224
  34. 20
  35. 2525
  36. 64
  37. 58320
  38. 38599
  39. 4167
  40. 5166

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