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 ₹37500 at 8% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹40800 at 20% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹7500 at 20% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹44000 at 5% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹34768 at 25% per year for 2 years, added every year (in ₹).
- 7.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 8.Find the amount when ₹50000 is invested at 10% per year compound interest for 3 years (in ₹).
- 9.Find the amount when ₹20000 is invested at 4% per year compound interest for 2 years (in ₹).
- 10.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
- 11.Find the compound interest on ₹4600 at 20% per year for 2 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹19600 at 5% per year for 2 years (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
- 14.Find the amount when ₹4800 is invested at 10% per year compound interest for 2 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹12500 at 20% per year for 3 years, added every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹1800 at 20% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹24800 at 10% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
- 21.Find the amount when ₹10160 is invested at 25% per year compound interest for 2 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹22500 at 12% per year for 2 years (in ₹)?
- 23.Find the amount when ₹23875 is invested at 20% per year compound interest for 3 years (in ₹).
- 24.Find the amount when ₹31250 is invested at 8% per year compound interest for 2 years (in ₹).
- 25.Find the amount when ₹2000 is invested at 10% per year compound interest for 3 years (in ₹).
- 26.Find the compound interest on ₹11200 at 15% per year for 2 years, added every year (in ₹).
- 27.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 28.Find the amount when ₹50000 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 ₹45000 at 8% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹4375 at 8% per year for 2 years, added every year (in ₹).
- 31.Find the amount when ₹26416 is invested at 25% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 33.Find the compound interest on ₹12900 at 20% per year for 2 years, added every year (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹8300 at 20% per year for 2 years (in ₹)?
- 35.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 36.Find the amount when ₹13750 is invested at 8% per year compound interest for 2 years (in ₹).
- 37.Find the amount when ₹40400 is invested at 15% per year compound interest for 2 years (in ₹).
- 38.Find the compound interest on ₹15600 at 15% per year for 2 years, added every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹30000 at 12% per year for 2 years (in ₹)?
- 40.Find the amount when ₹22400 is invested at 15% per year compound interest for 2 years (in ₹).
Answer key
- 240
- 1632
- 300
- 18981
- 110
- 19557
- 1261
- 66550
- 21632
- 48668
- 2024
- 49
- 612
- 5808
- 576
- 9100
- 72
- 248
- 304
- 108
- 15875
- 324
- 41256
- 36450
- 2662
- 3612
- 24334
- 55125
- 288
- 728
- 41275
- 46305
- 5676
- 332
- 8
- 16038
- 53429
- 5031
- 432
- 29624
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