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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 987 · 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 ₹24500 at 20% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹40625 is invested at 12% per year compound interest for 2 years (in ₹).
  3. 3.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  4. 4.Find the amount when ₹14900 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 ₹22000 at 5% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  7. 7.Find the amount when ₹38600 is invested at 10% per year compound interest for 2 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹11700 at 20% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹18400 at 5% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  11. 11.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹5600 at 15% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹31600 at 15% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹18625 is invested at 20% per year compound interest for 3 years (in ₹).
  15. 15.Find the amount when ₹50000 is invested at 10% per year compound interest for 3 years (in ₹).
  16. 16.Find the amount when ₹13600 is invested at 15% per year compound interest for 2 years (in ₹).
  17. 17.Find the compound interest on ₹43750 at 20% per year for 3 years, added every year (in ₹).
  18. 18.Find the amount when ₹10400 is invested at 15% per year compound interest for 2 years (in ₹).
  19. 19.Find the compound interest on ₹2976 at 25% per year for 2 years, added every year (in ₹).
  20. 20.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
  21. 21.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹26800 at 25% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹32000 is invested at 15% per year compound interest for 2 years (in ₹).
  24. 24.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
  25. 25.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  26. 26.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  27. 27.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  28. 28.Find the amount when ₹47568 is invested at 25% per year compound interest for 2 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
  30. 30.Find the amount when ₹20000 is invested at 15% per year compound interest for 2 years (in ₹).
  31. 31.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  32. 32.Find the amount when ₹39376 is invested at 25% per year compound interest for 2 years (in ₹).
  33. 33.Find the compound interest on ₹11375 at 20% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹44000 at 25% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹2500 at 4% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹3200 at 5% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹5175 is invested at 20% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹6300 is invested at 10% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹6080 is invested at 25% per year compound interest for 3 years (in ₹).
  40. 40.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).

Answer key

  1. 980
  2. 50960
  3. 4058
  4. 18029
  5. 55
  6. 12654
  7. 46706
  8. 468
  9. 46
  10. 27783
  11. 5853
  12. 126
  13. 711
  14. 32184
  15. 66550
  16. 17986
  17. 31850
  18. 13754
  19. 1674
  20. 73002
  21. 8116
  22. 1675
  23. 42320
  24. 16668
  25. 36501
  26. 35152
  27. 18522
  28. 74325
  29. 224
  30. 26450
  31. 9261
  32. 61525
  33. 8281
  34. 2750
  35. 4
  36. 8
  37. 7452
  38. 7623
  39. 11875
  40. 12167

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