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 ₹33200 at 20% per year for 2 years (in ₹)?
- 2.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 3.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹34000 at 25% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹23600 at 5% per year for 2 years (in ₹)?
- 6.What is the difference between the compound interest and the simple interest on ₹47500 at 12% per year for 2 years (in ₹)?
- 7.What is the difference between the compound interest and the simple interest on ₹16400 at 20% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
- 9.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹48400 at 15% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹3750 at 4% per year for 2 years, added every year (in ₹).
- 12.Find the amount when ₹31875 is invested at 12% per year compound interest for 2 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹42800 at 5% per year for 2 years (in ₹)?
- 14.Find the amount when ₹27000 is invested at 10% per year compound interest for 3 years (in ₹).
- 15.Find the amount when ₹18000 is invested at 15% per year compound interest for 2 years (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹33600 at 25% per year for 2 years (in ₹)?
- 17.Find the amount when ₹46848 is invested at 25% per year compound interest for 3 years (in ₹).
- 18.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 19.Find the amount when ₹5000 is invested at 10% per year compound interest for 3 years (in ₹).
- 20.Find the amount when ₹8976 is invested at 25% per year compound interest for 2 years (in ₹).
- 21.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹21600 at 25% per year for 2 years (in ₹)?
- 23.What is the difference between the compound interest and the simple interest on ₹48100 at 20% per year for 2 years (in ₹)?
- 24.What is the difference between the compound interest and the simple interest on ₹25900 at 10% per year for 2 years (in ₹)?
- 25.Find the amount when ₹6250 is invested at 4% per year compound interest for 2 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹32400 at 15% per year for 2 years (in ₹)?
- 27.Find the amount when ₹16800 is invested at 5% per year compound interest for 2 years (in ₹).
- 28.Find the amount when ₹22750 is invested at 20% per year compound interest for 3 years (in ₹).
- 29.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 30.Find the amount when ₹22500 is invested at 4% per year compound interest for 2 years (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹42400 at 15% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹9200 at 15% per year for 2 years, added every year (in ₹).
- 33.Find the compound interest on ₹30625 at 8% per year for 2 years, added every year (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹22800 at 5% per year for 2 years (in ₹)?
- 35.What is the difference between the compound interest and the simple interest on ₹6900 at 20% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹7600 at 5% per year for 2 years, added every year (in ₹).
- 37.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 38.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 39.Find the amount when ₹7875 is invested at 20% per year compound interest for 3 years (in ₹).
- 40.Find the amount when ₹31875 is invested at 4% per year compound interest for 2 years (in ₹).
Answer key
- 1328
- 9261
- 1951
- 2125
- 59
- 684
- 656
- 28
- 46305
- 1089
- 306
- 39984
- 107
- 35937
- 23805
- 2100
- 91500
- 1261
- 6655
- 14025
- 7566
- 1350
- 1924
- 259
- 6760
- 729
- 18522
- 39312
- 3902
- 24336
- 954
- 2967
- 5096
- 57
- 276
- 779
- 6327
- 21952
- 13608
- 34476
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