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 ₹12000 at 15% per year for 2 years (in ₹)?
- 2.Find the amount when ₹46250 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 ₹48800 at 5% per year for 2 years (in ₹)?
- 4.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 5.Find the compound interest on ₹49000 at 10% per year for 3 years, added every year (in ₹).
- 6.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
- 7.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹21700 at 20% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹6400 at 15% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹48625 at 20% per year for 3 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹32200 at 20% per year for 2 years (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹10400 at 15% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹2400 at 15% per year for 2 years (in ₹)?
- 17.Find the amount when ₹17024 is invested at 25% per year compound interest for 3 years (in ₹).
- 18.Find the amount when ₹22500 is invested at 12% per year compound interest for 2 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
- 20.Find the amount when ₹17152 is invested at 25% per year compound interest for 3 years (in ₹).
- 21.Find the compound interest on ₹47000 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 ₹19600 at 5% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹22784 at 25% per year for 3 years, added every year (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹6800 at 15% per year for 2 years (in ₹)?
- 25.Find the compound interest on ₹11984 at 25% per year for 2 years, added every year (in ₹).
- 26.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹12800 at 20% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹4050 at 20% per year for 2 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹41100 at 20% per year for 2 years (in ₹)?
- 30.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
- 31.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹20400 at 5% per year for 2 years (in ₹)?
- 33.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).
- 34.Find the amount when ₹6875 is invested at 20% per year compound interest for 3 years (in ₹).
- 35.Find the amount when ₹24800 is invested at 5% per year compound interest for 2 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹11200 at 15% per year for 2 years (in ₹)?
- 37.Find the amount when ₹6700 is invested at 10% per year compound interest for 2 years (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹42800 at 5% per year for 2 years (in ₹)?
- 39.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 40.Find the compound interest on ₹48400 at 15% per year for 2 years, added every year (in ₹).
Answer key
- 270
- 53946
- 122
- 59049
- 16219
- 6305
- 18522
- 868
- 144
- 35399
- 16
- 24
- 16668
- 1288
- 234
- 54
- 33250
- 28224
- 28
- 33500
- 34216
- 49
- 21716
- 153
- 6741
- 37044
- 512
- 1782
- 1644
- 128
- 21952
- 51
- 31944
- 11880
- 27342
- 252
- 8107
- 107
- 19683
- 15609
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