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 ₹7500 at 8% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 3.Find the amount when ₹45000 is invested at 10% per year compound interest for 3 years (in ₹).
- 4.Find the amount when ₹36400 is invested at 15% per year compound interest for 2 years (in ₹).
- 5.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹21000 is invested at 10% per year compound interest for 3 years (in ₹).
- 7.Find the compound interest on ₹12500 at 8% per year for 2 years, added every year (in ₹).
- 8.Find the compound interest on ₹43600 at 10% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹4000 at 5% per year for 2 years (in ₹)?
- 10.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 11.Find the amount when ₹38016 is invested at 25% per year compound interest for 3 years (in ₹).
- 12.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (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 ₹29200 at 5% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹34950 at 20% per year for 2 years, added every year (in ₹).
- 16.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹24000 at 10% per year for 2 years, added every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹17200 at 5% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 21.What is the difference between the compound interest and the simple interest on ₹20000 at 12% per year for 2 years (in ₹)?
- 22.What is the difference between the compound interest and the simple interest on ₹6000 at 25% per year for 2 years (in ₹)?
- 23.Find the amount when ₹47750 is invested at 20% per year compound interest for 3 years (in ₹).
- 24.Find the compound interest on ₹45000 at 12% per year for 2 years, added every year (in ₹).
- 25.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹32500 at 12% per year for 2 years (in ₹)?
- 27.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 29.Find the amount when ₹15750 is invested at 20% per year compound interest for 3 years (in ₹).
- 30.Find the amount when ₹19375 is invested at 12% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹44600 is invested at 10% per year compound interest for 2 years (in ₹).
- 32.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹28800 at 20% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹13125 at 4% per year for 2 years, added every year (in ₹).
- 35.Find the amount when ₹4375 is invested at 8% per year compound interest for 2 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹23800 at 10% per year for 2 years (in ₹)?
- 37.Find the compound interest on ₹7200 at 5% per year for 2 years, added every year (in ₹).
- 38.Find the compound interest on ₹17525 at 20% per year for 2 years, added every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹3600 at 25% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹47500 at 12% per year for 2 years (in ₹)?
Answer key
- 48
- 12174
- 59895
- 48139
- 25002
- 27951
- 2080
- 9156
- 10
- 27783
- 74250
- 5044
- 16668
- 73
- 15378
- 21952
- 96
- 5040
- 43
- 16
- 288
- 375
- 82512
- 11448
- 39366
- 468
- 37044
- 8
- 27216
- 24304
- 53966
- 2522
- 1152
- 1071
- 5103
- 238
- 738
- 7711
- 225
- 684
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