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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 997 · 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 ₹40000 at 15% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹21000 at 20% per year for 2 years (in ₹)?
  3. 3.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  4. 4.Find the compound interest on ₹18400 at 10% per year for 2 years, added every year (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹5600 at 5% per year for 2 years (in ₹)?
  7. 7.Find the amount when ₹48000 is invested at 10% per year compound interest for 3 years (in ₹).
  8. 8.Find the compound interest on ₹20675 at 20% per year for 2 years, added every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹9000 is invested at 10% per year compound interest for 3 years (in ₹).
  11. 11.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  12. 12.Find the compound interest on ₹12500 at 8% per year for 2 years, added every year (in ₹).
  13. 13.Find the compound interest on ₹28750 at 4% per year for 2 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹22400 at 5% per year for 2 years, added every year (in ₹).
  15. 15.Find the amount when ₹37920 is invested at 25% per year compound interest for 2 years (in ₹).
  16. 16.Find the amount when ₹20000 is invested at 4% per year compound interest for 2 years (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹6800 at 5% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹25000 at 4% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹38125 is invested at 12% per year compound interest for 2 years (in ₹).
  20. 20.Find the compound interest on ₹47000 at 10% per year for 3 years, added every year (in ₹).
  21. 21.Find the amount when ₹42500 is invested at 4% per year compound interest for 2 years (in ₹).
  22. 22.Find the compound interest on ₹14000 at 10% per year for 3 years, added every year (in ₹).
  23. 23.Find the amount when ₹6250 is invested at 8% per year compound interest for 2 years (in ₹).
  24. 24.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹33600 at 5% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹11900 at 10% per year for 2 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹3456 at 25% per year for 3 years, added every year (in ₹).
  28. 28.Find the amount when ₹23475 is invested at 20% per year compound interest for 2 years (in ₹).
  29. 29.Find the amount when ₹15625 is invested at 4% per year compound interest for 2 years (in ₹).
  30. 30.Find the amount when ₹41500 is invested at 10% per year compound interest for 2 years (in ₹).
  31. 31.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  32. 32.Find the amount when ₹15000 is invested at 12% per year compound interest for 2 years (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹29600 at 15% per year for 2 years (in ₹)?
  34. 34.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹16800 at 15% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
  38. 38.Find the compound interest on ₹12400 at 20% per year for 2 years, added every year (in ₹).
  39. 39.What is the difference between the compound interest and the simple interest on ₹36100 at 10% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).

Answer key

  1. 900
  2. 840
  3. 43904
  4. 3864
  5. 16
  6. 14
  7. 63888
  8. 9097
  9. 8
  10. 11979
  11. 12167
  12. 2080
  13. 2346
  14. 2296
  15. 59250
  16. 21632
  17. 17
  18. 40
  19. 47824
  20. 15557
  21. 45968
  22. 4634
  23. 7290
  24. 59049
  25. 84
  26. 2499
  27. 3294
  28. 33804
  29. 16900
  30. 50215
  31. 36501
  32. 18816
  33. 666
  34. 4167
  35. 378
  36. 39366
  37. 36
  38. 5456
  39. 361
  40. 37044

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