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 ₹39800 at 10% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹25600 at 5% per year for 2 years (in ₹)?
- 4.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 5.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 6.Find the compound interest on ₹14800 at 15% per year for 2 years, added every year (in ₹).
- 7.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 8.Find the amount when ₹6875 is invested at 4% per year compound interest for 2 years (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹15600 at 5% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹36000 at 10% per year for 2 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹27200 at 25% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹14575 at 20% per year for 2 years, added every year (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹50000 at 12% per year for 2 years (in ₹)?
- 14.What is the difference between the compound interest and the simple interest on ₹14000 at 25% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹48125 at 8% per year for 2 years, added every year (in ₹).
- 16.Find the amount when ₹17600 is invested at 15% per year compound interest for 2 years (in ₹).
- 17.Find the compound interest on ₹40625 at 4% per year for 2 years, added every year (in ₹).
- 18.Find the compound interest on ₹14375 at 8% per year for 2 years, added every year (in ₹).
- 19.Find the amount when ₹32000 is invested at 10% per year compound interest for 3 years (in ₹).
- 20.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 21.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹15600 at 15% per year for 2 years (in ₹)?
- 23.Find the amount when ₹45625 is invested at 8% per year compound interest for 2 years (in ₹).
- 24.Find the compound interest on ₹41000 at 10% per year for 3 years, added every year (in ₹).
- 25.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
- 27.Find the amount when ₹33100 is invested at 10% per year compound interest for 2 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹40600 at 20% per year for 2 years (in ₹)?
- 29.Find the amount when ₹49536 is invested at 25% per year compound interest for 3 years (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 31.Find the amount when ₹49375 is invested at 12% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹34000 is invested at 10% per year compound interest for 3 years (in ₹).
- 33.Find the compound interest on ₹16875 at 4% per year for 2 years, added every year (in ₹).
- 34.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
- 35.Find the compound interest on ₹31500 at 10% per year for 2 years, added every year (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹22400 at 5% per year for 2 years (in ₹)?
- 37.Find the compound interest on ₹17000 at 10% per year for 3 years, added every year (in ₹).
- 38.Find the amount when ₹475 is invested at 20% per year compound interest for 2 years (in ₹).
- 39.Find the compound interest on ₹29376 at 25% per year for 3 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹13100 at 20% per year for 2 years (in ₹)?
Answer key
- 398
- 32
- 64
- 24334
- 17576
- 4773
- 8116
- 7436
- 39
- 7560
- 1700
- 6413
- 720
- 875
- 8008
- 23276
- 3315
- 2392
- 42592
- 6327
- 60835
- 351
- 53217
- 13571
- 3783
- 160
- 40051
- 1624
- 96750
- 48
- 61936
- 45254
- 1377
- 48668
- 6615
- 56
- 5627
- 684
- 27999
- 524
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