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.
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- 1.Find the amount when ₹34900 is invested at 10% per year compound interest for 2 years (in ₹).
- 2.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 3.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 4.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
- 6.Find the amount when ₹14375 is invested at 8% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹6250 is invested at 4% per year compound interest for 2 years (in ₹).
- 8.Find the compound interest on ₹24400 at 5% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹7000 at 20% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹42150 at 20% per year for 2 years, added every year (in ₹).
- 11.Find the compound interest on ₹21200 at 15% per year for 2 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹42200 at 20% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹40000 at 10% per year for 3 years, added every year (in ₹).
- 14.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 15.Find the compound interest on ₹4400 at 15% per year for 2 years, added every year (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹37600 at 5% per year for 2 years (in ₹)?
- 17.Find the compound interest on ₹22480 at 25% per year for 2 years, added every year (in ₹).
- 18.Find the compound interest on ₹12000 at 5% per year for 2 years, added every year (in ₹).
- 19.Find the amount when ₹34400 is invested at 5% per year compound interest for 2 years (in ₹).
- 20.Find the compound interest on ₹13125 at 12% per year for 2 years, added every year (in ₹).
- 21.Find the compound interest on ₹13125 at 4% per year for 2 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹42700 at 20% per year for 2 years (in ₹)?
- 23.Find the amount when ₹18125 is invested at 8% per year compound interest for 2 years (in ₹).
- 24.Find the compound interest on ₹14375 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 ₹47500 at 8% per year for 2 years (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹14400 at 15% per year for 2 years (in ₹)?
- 27.Find the amount when ₹43200 is invested at 10% per year compound interest for 2 years (in ₹).
- 28.Find the compound interest on ₹3400 at 10% per year for 2 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹48800 at 15% per year for 2 years, added every year (in ₹).
- 31.Find the amount when ₹21200 is invested at 10% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹29150 is invested at 20% per year compound interest for 2 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹26500 at 20% per year for 3 years, added every year (in ₹).
- 35.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 36.Find the compound interest on ₹11840 at 25% per year for 3 years, added every year (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹6400 at 5% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹24375 at 20% per year for 3 years, added every year (in ₹).
- 39.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹25000 at 4% per year for 2 years (in ₹)?
Answer key
- 42229
- 7566
- 12654
- 4058
- 612
- 16767
- 6760
- 2501
- 280
- 18546
- 6837
- 1688
- 13240
- 1261
- 1419
- 94
- 12645
- 1230
- 37926
- 3339
- 1071
- 1708
- 21141
- 10465
- 304
- 324
- 52272
- 714
- 16
- 15738
- 25652
- 41976
- 24
- 19292
- 9261
- 11285
- 16
- 17745
- 3902
- 40
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