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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 976 · 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 ₹15000 at 4% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹35500 at 20% per year for 2 years (in ₹)?
  3. 3.Find the compound interest on ₹16875 at 12% per year for 2 years, added every year (in ₹).
  4. 4.Find the amount when ₹32200 is invested at 10% per year compound interest for 2 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹20625 is invested at 20% per year compound interest for 2 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹28700 at 10% per year for 2 years (in ₹)?
  8. 8.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  9. 9.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  10. 10.Find the compound interest on ₹5700 at 10% per year for 2 years, added every year (in ₹).
  11. 11.Find the amount when ₹10575 is invested at 20% per year compound interest for 2 years (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹34400 at 25% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹16800 at 10% per year for 2 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹28800 at 5% per year for 2 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹48800 at 15% per year for 2 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹50000 at 8% per year for 2 years, added every year (in ₹).
  18. 18.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  19. 19.Find the compound interest on ₹20000 at 10% per year for 3 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹19200 at 15% per year for 2 years (in ₹)?
  21. 21.What is the difference between the compound interest and the simple interest on ₹40800 at 5% per year for 2 years (in ₹)?
  22. 22.Find the amount when ₹10000 is invested at 5% per year compound interest for 2 years (in ₹).
  23. 23.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  24. 24.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  25. 25.Find the amount when ₹27500 is invested at 8% per year compound interest for 2 years (in ₹).
  26. 26.Find the amount when ₹33500 is invested at 10% per year compound interest for 2 years (in ₹).
  27. 27.Find the amount when ₹11925 is invested at 20% per year compound interest for 2 years (in ₹).
  28. 28.Find the compound interest on ₹25200 at 5% per year for 2 years, added every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹30600 at 20% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  31. 31.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  32. 32.Find the compound interest on ₹26675 at 20% per year for 2 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  34. 34.Find the amount when ₹19600 is invested at 5% per year compound interest for 2 years (in ₹).
  35. 35.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  36. 36.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  37. 37.Find the compound interest on ₹16000 at 10% per year for 3 years, added every year (in ₹).
  38. 38.Find the compound interest on ₹44784 at 25% per year for 2 years, added every year (in ₹).
  39. 39.Find the amount when ₹40500 is invested at 10% per year compound interest for 2 years (in ₹).
  40. 40.Find the amount when ₹39100 is invested at 10% per year compound interest for 2 years (in ₹).

Answer key

  1. 24
  2. 1420
  3. 4293
  4. 38962
  5. 320
  6. 29700
  7. 287
  8. 9261
  9. 37044
  10. 1197
  11. 15228
  12. 128
  13. 2150
  14. 3528
  15. 2952
  16. 15738
  17. 8320
  18. 19683
  19. 6620
  20. 432
  21. 102
  22. 11025
  23. 21952
  24. 36501
  25. 32076
  26. 40535
  27. 17172
  28. 2583
  29. 1224
  30. 6327
  31. 17576
  32. 11737
  33. 7566
  34. 21609
  35. 20835
  36. 1951
  37. 5296
  38. 25191
  39. 49005
  40. 47311

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