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.
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- 1.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 2.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 3.Find the amount when ₹36875 is invested at 4% per year compound interest for 2 years (in ₹).
- 4.Find the compound interest on ₹30000 at 8% per year for 2 years, added every year (in ₹).
- 5.Find the compound interest on ₹4125 at 20% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹40336 is invested at 25% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹29175 is invested at 20% per year compound interest for 2 years (in ₹).
- 8.Find the amount when ₹40160 is invested at 25% per year compound interest for 2 years (in ₹).
- 9.Find the amount when ₹7475 is invested at 20% per year compound interest for 2 years (in ₹).
- 10.Find the compound interest on ₹10600 at 10% per year for 2 years, added every year (in ₹).
- 11.Find the amount when ₹10224 is invested at 25% per year compound interest for 2 years (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹49000 at 10% per year for 2 years (in ₹)?
- 13.Find the amount when ₹2800 is invested at 5% per year compound interest for 2 years (in ₹).
- 14.Find the compound interest on ₹45200 at 5% per year for 2 years, added every year (in ₹).
- 15.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 16.Find the amount when ₹33000 is invested at 10% per year compound interest for 3 years (in ₹).
- 17.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 18.Find the compound interest on ₹18224 at 25% per year for 2 years, added every year (in ₹).
- 19.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
- 20.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 22.Find the compound interest on ₹1250 at 4% per year for 2 years, added every year (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹4400 at 15% per year for 2 years (in ₹)?
- 24.Find the amount when ₹42125 is invested at 20% per year compound interest for 3 years (in ₹).
- 25.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).
- 26.Find the compound interest on ₹36800 at 5% per year for 2 years, added every year (in ₹).
- 27.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 28.Find the amount when ₹40000 is invested at 10% per year compound interest for 3 years (in ₹).
- 29.Find the amount when ₹23125 is invested at 12% per year compound interest for 2 years (in ₹).
- 30.Find the amount when ₹2500 is invested at 8% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹23200 is invested at 5% per year compound interest for 2 years (in ₹).
- 32.Find the compound interest on ₹36500 at 20% per year for 2 years, added every year (in ₹).
- 33.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 34.Find the amount when ₹10875 is invested at 20% per year compound interest for 3 years (in ₹).
- 35.Find the compound interest on ₹36500 at 10% per year for 2 years, added every year (in ₹).
- 36.Find the amount when ₹45888 is invested at 25% per year compound interest for 3 years (in ₹).
- 37.Find the amount when ₹48000 is invested at 15% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹12352 is invested at 25% per year compound interest for 3 years (in ₹).
- 39.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 40.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
Answer key
- 24334
- 4058
- 39884
- 4992
- 3003
- 63025
- 42012
- 62750
- 10764
- 2226
- 15975
- 490
- 3087
- 4633
- 55566
- 43923
- 39366
- 10251
- 73002
- 1261
- 8
- 102
- 99
- 72792
- 31944
- 3772
- 21952
- 53240
- 29008
- 2916
- 25578
- 16060
- 43904
- 18792
- 7665
- 89625
- 63480
- 24125
- 9261
- 59049
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