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 ₹48000 at 20% per year for 2 years (in ₹)?
- 2.Find the amount when ₹1200 is invested at 15% per year compound interest for 2 years (in ₹).
- 3.Find the amount when ₹41600 is invested at 5% per year compound interest for 2 years (in ₹).
- 4.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 5.Find the compound interest on ₹11250 at 12% per year for 2 years, added every year (in ₹).
- 6.Find the amount when ₹1350 is invested at 20% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹2600 at 20% per year for 2 years (in ₹)?
- 9.Find the amount when ₹27000 is invested at 10% per year compound interest for 3 years (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹22500 at 4% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹39936 at 25% per year for 3 years, added every year (in ₹).
- 12.Find the compound interest on ₹26250 at 12% per year for 2 years, added every year (in ₹).
- 13.Find the amount when ₹20000 is invested at 10% per year compound interest for 3 years (in ₹).
- 14.Find the compound interest on ₹38750 at 4% per year for 2 years, added every year (in ₹).
- 15.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 16.Find the compound interest on ₹4800 at 15% per year for 2 years, added every year (in ₹).
- 17.Find the compound interest on ₹33125 at 4% per year for 2 years, added every year (in ₹).
- 18.Find the amount when ₹40800 is invested at 15% per year compound interest for 2 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 ₹2800 is invested at 5% per year compound interest for 2 years (in ₹).
- 21.Find the compound interest on ₹400 at 5% per year for 2 years, added every year (in ₹).
- 22.Find the compound interest on ₹30400 at 5% per year for 2 years, added every year (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 24.Find the amount when ₹9375 is invested at 4% per year compound interest for 2 years (in ₹).
- 25.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 26.Find the compound interest on ₹45625 at 4% per year for 2 years, added every year (in ₹).
- 27.Find the amount when ₹23360 is invested at 25% per year compound interest for 3 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹8800 at 15% per year for 2 years (in ₹)?
- 29.Find the compound interest on ₹6450 at 20% per year for 2 years, added every year (in ₹).
- 30.Find the compound interest on ₹23125 at 12% per year for 2 years, added every year (in ₹).
- 31.Find the amount when ₹26250 is invested at 8% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹35000 is invested at 10% per year compound interest for 3 years (in ₹).
- 33.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹300 at 20% per year for 2 years (in ₹)?
- 35.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹18700 at 20% per year for 2 years (in ₹)?
- 37.Find the compound interest on ₹40832 at 25% per year for 2 years, added every year (in ₹).
- 38.Find the amount when ₹4288 is invested at 25% per year compound interest for 3 years (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹15600 at 15% per year for 2 years (in ₹)?
- 40.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
Answer key
- 1920
- 1587
- 45864
- 43904
- 2862
- 1944
- 59049
- 104
- 35937
- 36
- 38064
- 6678
- 26620
- 3162
- 18981
- 1548
- 2703
- 53958
- 48
- 3087
- 41
- 3116
- 272
- 10140
- 52728
- 3723
- 45625
- 198
- 2838
- 5883
- 30618
- 46585
- 1951
- 12
- 9261
- 748
- 22968
- 8375
- 351
- 6327
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