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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 983 · 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 ₹39600 at 15% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹22000 is invested at 10% per year compound interest for 3 years (in ₹).
  3. 3.Find the amount when ₹40000 is invested at 5% per year compound interest for 2 years (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹35600 at 25% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹13200 at 5% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹45200 at 20% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹3200 at 5% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  11. 11.Find the amount when ₹27000 is invested at 10% per year compound interest for 3 years (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹21250 at 8% per year for 2 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
  15. 15.Find the amount when ₹44375 is invested at 4% per year compound interest for 2 years (in ₹).
  16. 16.Find the compound interest on ₹25100 at 10% per year for 2 years, added every year (in ₹).
  17. 17.Find the amount when ₹41425 is invested at 20% per year compound interest for 2 years (in ₹).
  18. 18.Find the compound interest on ₹27300 at 20% per year for 2 years, added every year (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹28000 at 5% per year for 2 years (in ₹)?
  20. 20.What is the difference between the compound interest and the simple interest on ₹1200 at 20% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  22. 22.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  23. 23.Find the amount when ₹28000 is invested at 5% per year compound interest for 2 years (in ₹).
  24. 24.Find the compound interest on ₹2250 at 20% per year for 2 years, added every year (in ₹).
  25. 25.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  26. 26.Find the amount when ₹37184 is invested at 25% per year compound interest for 3 years (in ₹).
  27. 27.Find the amount when ₹31008 is invested at 25% per year compound interest for 2 years (in ₹).
  28. 28.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹9000 at 10% per year for 3 years, added every year (in ₹).
  30. 30.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  31. 31.Find the amount when ₹5600 is invested at 5% per year compound interest for 2 years (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹9600 at 5% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹9408 is invested at 25% per year compound interest for 3 years (in ₹).
  34. 34.Find the compound interest on ₹25000 at 4% per year for 2 years, added every year (in ₹).
  35. 35.Find the amount when ₹46000 is invested at 10% per year compound interest for 3 years (in ₹).
  36. 36.Find the amount when ₹6500 is invested at 10% per year compound interest for 2 years (in ₹).
  37. 37.Find the compound interest on ₹11600 at 15% per year for 2 years, added every year (in ₹).
  38. 38.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹12600 at 10% per year for 2 years, added every year (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹28800 at 25% per year for 2 years (in ₹)?

Answer key

  1. 891
  2. 29282
  3. 44100
  4. 2225
  5. 33
  6. 19683
  7. 240
  8. 1808
  9. 8
  10. 4058
  11. 35937
  12. 144
  13. 3536
  14. 6305
  15. 47996
  16. 5271
  17. 59652
  18. 12012
  19. 70
  20. 48
  21. 39366
  22. 3902
  23. 30870
  24. 990
  25. 52728
  26. 72625
  27. 48450
  28. 4167
  29. 2979
  30. 21952
  31. 6174
  32. 24
  33. 18375
  34. 2040
  35. 61226
  36. 7865
  37. 3741
  38. 1951
  39. 2646
  40. 1800

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