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 ₹24000 at 10% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹26250 at 4% per year for 2 years, added every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹4400 at 20% per year for 2 years (in ₹)?
- 4.What is the difference between the compound interest and the simple interest on ₹26800 at 5% per year for 2 years (in ₹)?
- 5.Find the compound interest on ₹32125 at 20% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹16175 is invested at 20% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 8.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
- 9.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 10.Find the amount when ₹34800 is invested at 15% per year compound interest for 2 years (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹32000 at 20% per year for 2 years (in ₹)?
- 12.Find the amount when ₹44375 is invested at 4% per year compound interest for 2 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹2500 at 4% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹19000 at 10% per year for 2 years, added every year (in ₹).
- 15.Find the compound interest on ₹48400 at 5% per year for 2 years, added every year (in ₹).
- 16.Find the amount when ₹32000 is invested at 10% per year compound interest for 3 years (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹42400 at 25% per year for 2 years (in ₹)?
- 19.Find the amount when ₹18400 is invested at 15% per year compound interest for 2 years (in ₹).
- 20.Find the amount when ₹12800 is invested at 10% per year compound interest for 2 years (in ₹).
- 21.Find the compound interest on ₹39680 at 25% per year for 2 years, added every year (in ₹).
- 22.Find the compound interest on ₹10560 at 25% per year for 3 years, added every year (in ₹).
- 23.Find the compound interest on ₹27500 at 8% per year for 2 years, added every year (in ₹).
- 24.Find the amount when ₹14000 is invested at 10% per year compound interest for 3 years (in ₹).
- 25.Find the compound interest on ₹800 at 15% per year for 2 years, added every year (in ₹).
- 26.Find the amount when ₹24000 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 ₹8800 at 20% per year for 2 years (in ₹)?
- 28.Find the amount when ₹27600 is invested at 5% per year compound interest for 2 years (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹16400 at 15% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹46800 at 5% per year for 2 years, added every year (in ₹).
- 31.Find the amount when ₹15500 is invested at 10% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹23000 is invested at 10% per year compound interest for 3 years (in ₹).
- 33.Find the amount when ₹30800 is invested at 15% per year compound interest for 2 years (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹17500 at 12% per year for 2 years (in ₹)?
- 35.Find the amount when ₹37648 is invested at 25% per year compound interest for 2 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹38000 at 25% per year for 2 years (in ₹)?
- 37.Find the compound interest on ₹17375 at 20% per year for 3 years, added every year (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹48400 at 10% per year for 2 years (in ₹)?
- 39.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹29200 at 15% per year for 2 years (in ₹)?
Answer key
- 240
- 2142
- 176
- 67
- 23387
- 23292
- 52728
- 12167
- 1261
- 46023
- 1280
- 47996
- 4
- 3990
- 4961
- 42592
- 612
- 2650
- 24334
- 15488
- 22320
- 10065
- 4576
- 18634
- 258
- 27783
- 352
- 30429
- 369
- 4797
- 18755
- 30613
- 40733
- 252
- 58825
- 2375
- 12649
- 484
- 6327
- 657
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