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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 982 · 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 ₹37500 at 4% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹40625 is invested at 4% per year compound interest for 2 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹21700 at 10% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  5. 5.Find the amount when ₹29375 is invested at 8% per year compound interest for 2 years (in ₹).
  6. 6.Find the compound interest on ₹8800 at 15% per year for 2 years, added every year (in ₹).
  7. 7.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹14800 at 5% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹20000 at 25% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  12. 12.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹11300 at 10% per year for 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹41400 at 20% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  16. 16.Find the amount when ₹46125 is invested at 20% per year compound interest for 3 years (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹15200 at 15% per year for 2 years (in ₹)?
  18. 18.Find the compound interest on ₹26000 at 15% per year for 2 years, added every year (in ₹).
  19. 19.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  20. 20.Find the amount when ₹800 is invested at 10% per year compound interest for 2 years (in ₹).
  21. 21.Find the compound interest on ₹34625 at 20% per year for 3 years, added every year (in ₹).
  22. 22.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹23200 at 10% per year for 2 years (in ₹)?
  24. 24.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹17000 at 10% per year for 2 years, added every year (in ₹).
  27. 27.Find the amount when ₹44800 is invested at 15% per year compound interest for 2 years (in ₹).
  28. 28.Find the amount when ₹16000 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 ₹8000 at 5% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  31. 31.Find the amount when ₹5625 is invested at 4% per year compound interest for 2 years (in ₹).
  32. 32.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹11600 at 10% per year for 2 years (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹17600 at 15% per year for 2 years (in ₹)?
  35. 35.Find the amount when ₹17500 is invested at 8% per year compound interest for 2 years (in ₹).
  36. 36.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
  37. 37.Find the amount when ₹1000 is invested at 10% per year compound interest for 3 years (in ₹).
  38. 38.Find the compound interest on ₹3600 at 15% per year for 2 years, added every year (in ₹).
  39. 39.Find the amount when ₹33125 is invested at 12% per year compound interest for 2 years (in ₹).
  40. 40.Find the compound interest on ₹47500 at 8% per year for 2 years, added every year (in ₹).

Answer key

  1. 60
  2. 43940
  3. 217
  4. 20835
  5. 34263
  6. 2838
  7. 52728
  8. 37
  9. 12654
  10. 1250
  11. 9261
  12. 21952
  13. 113
  14. 1656
  15. 4058
  16. 79704
  17. 342
  18. 8385
  19. 55566
  20. 968
  21. 25207
  22. 17576
  23. 232
  24. 12167
  25. 32
  26. 3570
  27. 59248
  28. 18522
  29. 20
  30. 7566
  31. 6084
  32. 12174
  33. 116
  34. 396
  35. 20412
  36. 59049
  37. 1331
  38. 1161
  39. 41552
  40. 7904

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