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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 971 · 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 ₹10800 at 10% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  3. 3.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹50000 at 12% per year for 2 years (in ₹)?
  5. 5.Find the amount when ₹40000 is invested at 8% per year compound interest for 2 years (in ₹).
  6. 6.Find the amount when ₹35800 is invested at 10% per year compound interest for 2 years (in ₹).
  7. 7.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  8. 8.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹42900 at 20% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹16400 at 15% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹28125 is invested at 20% per year compound interest for 2 years (in ₹).
  13. 13.Find the compound interest on ₹42608 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 ₹39600 at 5% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹13200 at 25% per year for 2 years (in ₹)?
  16. 16.Find the amount when ₹44875 is invested at 20% per year compound interest for 3 years (in ₹).
  17. 17.Find the compound interest on ₹5600 at 5% per year for 2 years, added every year (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹11500 at 20% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  20. 20.Find the amount when ₹1250 is invested at 4% per year compound interest for 2 years (in ₹).
  21. 21.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  22. 22.Find the compound interest on ₹31875 at 8% per year for 2 years, added every year (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹30000 at 12% per year for 2 years (in ₹)?
  24. 24.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹6448 at 25% per year for 2 years, added every year (in ₹).
  28. 28.Find the amount when ₹7500 is invested at 8% per year compound interest for 2 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹4400 at 20% per year for 2 years (in ₹)?
  30. 30.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
  31. 31.Find the amount when ₹625 is invested at 4% per year compound interest for 2 years (in ₹).
  32. 32.Find the amount when ₹28400 is invested at 15% per year compound interest for 2 years (in ₹).
  33. 33.Find the compound interest on ₹24000 at 15% per year for 2 years, added every year (in ₹).
  34. 34.Find the amount when ₹3750 is invested at 4% per year compound interest for 2 years (in ₹).
  35. 35.Find the amount when ₹45000 is invested at 4% per year compound interest for 2 years (in ₹).
  36. 36.Find the compound interest on ₹20400 at 15% per year for 2 years, added every year (in ₹).
  37. 37.Find the amount when ₹6000 is invested at 10% per year compound interest for 3 years (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹40800 at 25% per year for 2 years (in ₹)?
  39. 39.Find the amount when ₹11600 is invested at 15% per year compound interest for 2 years (in ₹).
  40. 40.Find the amount when ₹36400 is invested at 5% per year compound interest for 2 years (in ₹).

Answer key

  1. 108
  2. 36501
  3. 21952
  4. 720
  5. 46656
  6. 43318
  7. 27783
  8. 52728
  9. 1716
  10. 28
  11. 369
  12. 40500
  13. 23967
  14. 99
  15. 825
  16. 77544
  17. 574
  18. 460
  19. 39366
  20. 1352
  21. 24334
  22. 5304
  23. 432
  24. 2522
  25. 80
  26. 1951
  27. 3627
  28. 8748
  29. 176
  30. 59049
  31. 676
  32. 37559
  33. 7740
  34. 4056
  35. 48672
  36. 6579
  37. 7986
  38. 2550
  39. 15341
  40. 40131

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