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 ₹13200 at 15% per year for 2 years (in ₹)?
- 2.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 3.Find the compound interest on ₹19375 at 4% per year for 2 years, added every year (in ₹).
- 4.Find the amount when ₹17200 is invested at 15% per year compound interest for 2 years (in ₹).
- 5.Find the amount when ₹37000 is invested at 10% per year compound interest for 3 years (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹27000 at 10% per year for 2 years (in ₹)?
- 7.Find the compound interest on ₹29800 at 10% per year for 2 years, added every year (in ₹).
- 8.Find the amount when ₹27000 is invested at 10% per year compound interest for 3 years (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹14800 at 15% per year for 2 years (in ₹)?
- 10.Find the amount when ₹24192 is invested at 25% per year compound interest for 3 years (in ₹).
- 11.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹13200 at 10% per year for 2 years (in ₹)?
- 13.Find the amount when ₹2400 is invested at 10% per year compound interest for 2 years (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹1200 at 15% per year for 2 years (in ₹)?
- 15.Find the amount when ₹41000 is invested at 10% per year compound interest for 3 years (in ₹).
- 16.Find the compound interest on ₹12925 at 20% per year for 2 years, added every year (in ₹).
- 17.Find the compound interest on ₹37500 at 12% per year for 2 years, added every year (in ₹).
- 18.Find the compound interest on ₹5000 at 8% per year for 2 years, added every year (in ₹).
- 19.Find the amount when ₹2500 is invested at 12% per year compound interest for 2 years (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹29000 at 20% per year for 2 years (in ₹)?
- 21.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 22.Find the amount when ₹36800 is invested at 10% per year compound interest for 2 years (in ₹).
- 23.Find the compound interest on ₹23500 at 10% per year for 2 years, added every year (in ₹).
- 24.Find the amount when ₹625 is invested at 8% per year compound interest for 2 years (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹41600 at 25% per year for 2 years (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹33856 at 25% per year for 2 years, added every year (in ₹).
- 28.Find the compound interest on ₹3000 at 10% per year for 3 years, added every year (in ₹).
- 29.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 30.Find the compound interest on ₹24128 at 25% per year for 3 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹17500 at 4% 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 ₹48750 at 20% per year for 3 years, added every year (in ₹).
- 34.Find the compound interest on ₹6048 at 25% per year for 2 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹13200 at 25% per year for 2 years (in ₹)?
- 36.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 37.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 40.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).
Answer key
- 297
- 27783
- 1581
- 22747
- 49247
- 270
- 6258
- 35937
- 333
- 47250
- 21952
- 132
- 2904
- 27
- 54571
- 5687
- 9540
- 832
- 3136
- 1160
- 35152
- 44528
- 4935
- 729
- 2600
- 240
- 19044
- 993
- 12501
- 22997
- 28
- 8116
- 35490
- 3402
- 825
- 43904
- 52728
- 360
- 48
- 31944
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