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 ₹31600 at 5% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹2000 at 15% per year for 2 years (in ₹)?
- 3.Find the amount when ₹14288 is invested at 25% per year compound interest for 2 years (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
- 5.Find the compound interest on ₹13750 at 20% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹20864 is invested at 25% per year compound interest for 2 years (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
- 8.Find the compound interest on ₹13125 at 4% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹16400 at 25% per year for 2 years (in ₹)?
- 10.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 11.Find the compound interest on ₹34375 at 12% per year for 2 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹18300 at 10% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 14.Find the amount when ₹38125 is invested at 4% per year compound interest for 2 years (in ₹).
- 15.Find the amount when ₹8320 is invested at 25% per year compound interest for 3 years (in ₹).
- 16.Find the amount when ₹39200 is invested at 5% per year compound interest for 2 years (in ₹).
- 17.Find the compound interest on ₹27152 at 25% per year for 2 years, added every year (in ₹).
- 18.Find the compound interest on ₹45250 at 20% per year for 2 years, added every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹48800 at 25% per year for 2 years (in ₹)?
- 20.Find the compound interest on ₹8300 at 10% per year for 2 years, added every year (in ₹).
- 21.Find the compound interest on ₹46250 at 20% per year for 3 years, added every year (in ₹).
- 22.Find the amount when ₹13625 is invested at 20% per year compound interest for 3 years (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 24.Find the amount when ₹23000 is invested at 10% per year compound interest for 3 years (in ₹).
- 25.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
- 26.Find the amount when ₹22500 is invested at 12% per year compound interest for 2 years (in ₹).
- 27.Find the amount when ₹35300 is invested at 10% per year compound interest for 2 years (in ₹).
- 28.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 29.Find the compound interest on ₹22500 at 8% per year for 2 years, added every year (in ₹).
- 30.Find the amount when ₹7600 is invested at 5% per year compound interest for 2 years (in ₹).
- 31.Find the compound interest on ₹20375 at 20% per year for 3 years, added every year (in ₹).
- 32.Find the amount when ₹32832 is invested at 25% per year compound interest for 3 years (in ₹).
- 33.Find the compound interest on ₹38100 at 20% per year for 2 years, added every year (in ₹).
- 34.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹45000 at 12% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹12000 at 10% per year for 3 years, added every year (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹22900 at 10% per year for 2 years (in ₹)?
- 38.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹14000 at 5% per year for 2 years (in ₹)?
- 40.Find the amount when ₹5568 is invested at 25% per year compound interest for 2 years (in ₹).
Answer key
- 79
- 45
- 22325
- 64
- 10010
- 32600
- 44
- 1071
- 1025
- 19683
- 8745
- 183
- 18981
- 41236
- 16250
- 43218
- 15273
- 19910
- 3050
- 1743
- 33670
- 23544
- 36
- 30613
- 16668
- 28224
- 42713
- 37044
- 3744
- 8379
- 14833
- 64125
- 16764
- 1951
- 648
- 3972
- 229
- 65856
- 35
- 8700
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