Compound Interest Worksheet
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.What is the difference between the compound interest and the simple interest on ₹6000 at 5% per year for 2 years (in ₹)?
- 2.Find the amount when ₹16400 is invested at 15% per year compound interest for 2 years (in ₹).
- 3.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 4.Find the compound interest on ₹8800 at 15% per year for 2 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
- 6.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹48000 at 15% per year for 2 years (in ₹)?
- 8.Find the amount when ₹27200 is invested at 5% per year compound interest for 2 years (in ₹).
- 9.Find the amount when ₹6950 is invested at 20% per year compound interest for 2 years (in ₹).
- 10.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
- 12.Find the amount when ₹12000 is invested at 10% per year compound interest for 3 years (in ₹).
- 13.Find the compound interest on ₹7250 at 20% per year for 3 years, added every year (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹45600 at 5% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹43500 at 10% per year for 2 years, added every year (in ₹).
- 16.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 17.Find the amount when ₹44992 is invested at 25% per year compound interest for 3 years (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
- 20.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
- 21.Find the amount when ₹48375 is invested at 20% per year compound interest for 3 years (in ₹).
- 22.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 23.Find the amount when ₹13200 is invested at 10% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 27.Find the compound interest on ₹1500 at 20% per year for 3 years, added every year (in ₹).
- 28.Find the amount when ₹36400 is invested at 5% per year compound interest for 2 years (in ₹).
- 29.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹44900 at 10% per year for 2 years (in ₹)?
- 31.Find the amount when ₹7500 is invested at 4% per year compound interest for 2 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹48800 at 5% per year for 2 years (in ₹)?
- 33.What is the difference between the compound interest and the simple interest on ₹11300 at 10% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 35.Find the compound interest on ₹32000 at 10% per year for 3 years, added every year (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
- 37.Find the compound interest on ₹5900 at 10% per year for 2 years, added every year (in ₹).
- 38.Find the amount when ₹13600 is invested at 5% per year compound interest for 2 years (in ₹).
- 39.Find the amount when ₹29200 is invested at 15% per year compound interest for 2 years (in ₹).
- 40.Find the amount when ₹14375 is invested at 8% per year compound interest for 2 years (in ₹).
Answer key
- 15
- 21689
- 65856
- 2838
- 24
- 35152
- 1080
- 29988
- 10008
- 6327
- 80
- 15972
- 5278
- 114
- 9135
- 25002
- 87875
- 540
- 72
- 6305
- 83592
- 17576
- 15972
- 27783
- 612
- 12174
- 1092
- 40131
- 3783
- 449
- 8112
- 122
- 113
- 7566
- 10592
- 240
- 1239
- 14994
- 38617
- 16767
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