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 ₹17500 at 8% per year for 2 years (in ₹)?
- 2.Find the amount when ₹45000 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 ₹20000 at 4% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹6250 at 8% per year for 2 years, added every year (in ₹).
- 5.Find the amount when ₹42100 is invested at 20% per year compound interest for 2 years (in ₹).
- 6.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹42000 at 5% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 9.Find the amount when ₹16250 is invested at 12% per year compound interest for 2 years (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹38000 at 15% per year for 2 years (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹34000 at 5% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹47500 at 12% per year for 2 years (in ₹)?
- 13.Find the amount when ₹26000 is invested at 15% per year compound interest for 2 years (in ₹).
- 14.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 15.Find the compound interest on ₹35625 at 4% per year for 2 years, added every year (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹36000 at 25% per year for 2 years (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹31500 at 20% per year for 2 years (in ₹)?
- 18.Find the amount when ₹12000 is invested at 10% per year compound interest for 3 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 20.Find the amount when ₹25700 is invested at 10% per year compound interest for 2 years (in ₹).
- 21.Find the compound interest on ₹5375 at 20% per year for 3 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹37000 at 20% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 24.Find the amount when ₹30400 is invested at 5% per year compound interest for 2 years (in ₹).
- 25.Find the compound interest on ₹22000 at 10% per year for 3 years, added every year (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹26400 at 15% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹43200 at 15% per year for 2 years, added every year (in ₹).
- 28.Find the amount when ₹37750 is invested at 20% per year compound interest for 3 years (in ₹).
- 29.Find the amount when ₹35625 is invested at 4% per year compound interest for 2 years (in ₹).
- 30.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 31.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 32.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 33.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 34.Find the amount when ₹37000 is invested at 10% per year compound interest for 3 years (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹34600 at 10% per year for 2 years (in ₹)?
- 37.Find the amount when ₹29375 is invested at 12% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹25000 is invested at 12% per year compound interest for 2 years (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹45000 at 10% per year for 2 years (in ₹)?
- 40.Find the amount when ₹43125 is invested at 4% per year compound interest for 2 years (in ₹).
Answer key
- 112
- 52488
- 32
- 1040
- 60624
- 12501
- 105
- 304
- 20384
- 855
- 85
- 684
- 34385
- 43904
- 2907
- 2250
- 1260
- 15972
- 48
- 31097
- 3913
- 1480
- 18981
- 33516
- 7282
- 594
- 13932
- 65232
- 38532
- 3902
- 19683
- 12654
- 4058
- 49247
- 504
- 346
- 36848
- 31360
- 450
- 46644
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