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 ₹8800 at 15% per year for 2 years (in ₹)?
- 2.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 3.Find the compound interest on ₹21550 at 20% per year for 2 years, added every year (in ₹).
- 4.Find the compound interest on ₹33664 at 25% per year for 3 years, added every year (in ₹).
- 5.Find the compound interest on ₹5000 at 12% per year for 2 years, added every year (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹24000 at 5% per year for 2 years (in ₹)?
- 7.Find the amount when ₹30625 is invested at 4% per year compound interest for 2 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹47900 at 10% per year for 2 years (in ₹)?
- 9.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 10.Find the amount when ₹8400 is invested at 5% per year compound interest for 2 years (in ₹).
- 11.Find the compound interest on ₹36000 at 15% per year for 2 years, added every year (in ₹).
- 12.Find the amount when ₹34800 is invested at 15% per year compound interest for 2 years (in ₹).
- 13.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
- 14.Find the amount when ₹32050 is invested at 20% per year compound interest for 2 years (in ₹).
- 15.Find the amount when ₹21696 is invested at 25% per year compound interest for 3 years (in ₹).
- 16.Find the compound interest on ₹34368 at 25% per year for 2 years, added every year (in ₹).
- 17.Find the compound interest on ₹36875 at 12% per year for 2 years, added every year (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
- 21.Find the compound interest on ₹8750 at 8% per year for 2 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹48300 at 10% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 24.Find the compound interest on ₹37625 at 20% per year for 3 years, added every year (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹2800 at 5% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹4250 at 20% per year for 2 years, added every year (in ₹).
- 27.Find the compound interest on ₹8250 at 20% per year for 3 years, added every year (in ₹).
- 28.Find the compound interest on ₹28875 at 20% per year for 3 years, added every year (in ₹).
- 29.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
- 30.Find the compound interest on ₹48000 at 15% per year for 2 years, added every year (in ₹).
- 31.Find the compound interest on ₹8750 at 12% per year for 2 years, added every year (in ₹).
- 32.Find the compound interest on ₹11392 at 25% per year for 3 years, added every year (in ₹).
- 33.Find the compound interest on ₹49375 at 12% per year for 2 years, added every year (in ₹).
- 34.Find the amount when ₹28800 is invested at 15% per year compound interest for 2 years (in ₹).
- 35.Find the amount when ₹33600 is invested at 20% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹2400 is invested at 15% per year compound interest for 2 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹2750 at 20% per year for 3 years, added every year (in ₹).
- 39.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹17600 at 10% per year for 2 years (in ₹)?
Answer key
- 198
- 46305
- 9482
- 32086
- 1272
- 60
- 33124
- 479
- 18522
- 9261
- 11610
- 46023
- 12167
- 46152
- 42375
- 19332
- 9381
- 128
- 144
- 320
- 1456
- 483
- 12654
- 27391
- 7
- 1870
- 6006
- 21021
- 20835
- 15480
- 2226
- 10858
- 12561
- 38088
- 48384
- 3174
- 64
- 2002
- 65856
- 176
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