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.Find the compound interest on ₹38400 at 20% per year for 2 years, added every year (in ₹).
- 2.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 3.Find the amount when ₹29400 is invested at 10% per year compound interest for 2 years (in ₹).
- 4.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 5.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 6.Find the amount when ₹16250 is invested at 8% 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 compound interest on ₹20000 at 12% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹7800 at 20% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹25000 at 8% per year for 2 years, added every year (in ₹).
- 11.Find the amount when ₹29952 is invested at 25% per year compound interest for 3 years (in ₹).
- 12.Find the amount when ₹2800 is invested at 5% per year compound interest for 2 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
- 14.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹10000 at 25% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹21600 at 15% per year for 2 years, added every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹29100 at 10% per year for 2 years (in ₹)?
- 18.Find the amount when ₹46800 is invested at 5% per year compound interest for 2 years (in ₹).
- 19.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 20.Find the amount when ₹9375 is invested at 4% per year compound interest for 2 years (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹16600 at 10% per year for 2 years (in ₹)?
- 22.What is the difference between the compound interest and the simple interest on ₹27700 at 10% per year for 2 years (in ₹)?
- 23.Find the amount when ₹23040 is invested at 25% per year compound interest for 2 years (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹12000 at 5% per year for 2 years (in ₹)?
- 25.What is the difference between the compound interest and the simple interest on ₹46800 at 10% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹41875 at 8% per year for 2 years, added every year (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹13600 at 15% per year for 2 years (in ₹)?
- 28.Find the amount when ₹22800 is invested at 15% per year compound interest for 2 years (in ₹).
- 29.Find the compound interest on ₹38750 at 20% per year for 3 years, added every year (in ₹).
- 30.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 31.Find the compound interest on ₹33280 at 25% per year for 3 years, added every year (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹43000 at 10% per year for 2 years (in ₹)?
- 33.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 34.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
- 36.Find the amount when ₹1000 is invested at 10% per year compound interest for 3 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹42400 at 10% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹4375 at 4% per year for 2 years, added every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹24900 at 20% per year for 2 years (in ₹)?
- 40.Find the amount when ₹26875 is invested at 12% per year compound interest for 2 years (in ₹).
Answer key
- 16896
- 36501
- 35574
- 39366
- 37044
- 18954
- 52728
- 5088
- 312
- 4160
- 58500
- 3087
- 256
- 18522
- 625
- 6966
- 291
- 51597
- 4058
- 10140
- 166
- 277
- 36000
- 30
- 468
- 6968
- 306
- 30153
- 28210
- 18981
- 31720
- 430
- 17576
- 9261
- 44
- 1331
- 424
- 357
- 996
- 33712
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