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 ₹45000 at 12% per year for 2 years (in ₹)?
- 2.Find the amount when ₹46875 is invested at 8% per year compound interest for 2 years (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹46800 at 25% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹7552 at 25% per year for 3 years, added every year (in ₹).
- 5.Find the amount when ₹38800 is invested at 5% per year compound interest for 2 years (in ₹).
- 6.Find the amount when ₹12500 is invested at 8% per year compound interest for 2 years (in ₹).
- 7.Find the compound interest on ₹41664 at 25% per year for 3 years, added every year (in ₹).
- 8.Find the compound interest on ₹6600 at 10% per year for 2 years, added every year (in ₹).
- 9.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
- 11.Find the amount when ₹16875 is invested at 8% per year compound interest for 2 years (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹17500 at 8% per year for 2 years, added every year (in ₹).
- 14.Find the compound interest on ₹37600 at 5% per year for 2 years, added every year (in ₹).
- 15.Find the compound interest on ₹17000 at 10% per year for 3 years, added every year (in ₹).
- 16.Find the amount when ₹8125 is invested at 12% per year compound interest for 2 years (in ₹).
- 17.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 18.Find the amount when ₹20800 is invested at 5% per year compound interest for 2 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹42400 at 5% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹16100 at 20% per year for 2 years (in ₹)?
- 21.Find the compound interest on ₹43750 at 12% per year for 2 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹23200 at 20% per year for 2 years (in ₹)?
- 23.Find the amount when ₹400 is invested at 5% per year compound interest for 2 years (in ₹).
- 24.Find the compound interest on ₹42560 at 25% per year for 3 years, added every year (in ₹).
- 25.Find the amount when ₹13750 is invested at 4% per year compound interest for 2 years (in ₹).
- 26.Find the amount when ₹14750 is invested at 20% per year compound interest for 2 years (in ₹).
- 27.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹12800 at 10% per year for 2 years (in ₹)?
- 29.Find the compound interest on ₹41800 at 20% per year for 2 years, added every year (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹12400 at 20% per year for 2 years (in ₹)?
- 31.What is the difference between the compound interest and the simple interest on ₹27500 at 12% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 33.Find the compound interest on ₹7000 at 10% per year for 3 years, added every year (in ₹).
- 34.Find the compound interest on ₹9600 at 15% per year for 2 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
- 37.Find the amount when ₹34000 is invested at 10% per year compound interest for 3 years (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹15400 at 20% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
- 40.Find the compound interest on ₹7150 at 20% per year for 2 years, added every year (in ₹).
Answer key
- 648
- 54675
- 2925
- 7198
- 42777
- 14580
- 39711
- 1386
- 12654
- 540
- 19683
- 272
- 2912
- 3854
- 5627
- 10192
- 43904
- 22932
- 106
- 644
- 11130
- 928
- 441
- 40565
- 14872
- 21240
- 35152
- 128
- 18392
- 496
- 396
- 8116
- 2317
- 3096
- 112
- 60
- 45254
- 616
- 72
- 3146
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