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 amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 2.Find the amount when ₹38800 is invested at 15% per year compound interest for 2 years (in ₹).
- 3.Find the amount when ₹19375 is invested at 8% per year compound interest for 2 years (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹45000 at 8% per year for 2 years (in ₹)?
- 6.Find the amount when ₹3000 is invested at 10% per year compound interest for 3 years (in ₹).
- 7.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 8.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
- 10.Find the amount when ₹21875 is invested at 4% per year compound interest for 2 years (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹32800 at 5% per year for 2 years (in ₹)?
- 13.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 14.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 15.Find the compound interest on ₹25600 at 5% per year for 2 years, added every year (in ₹).
- 16.Find the amount when ₹41000 is invested at 10% per year compound interest for 3 years (in ₹).
- 17.Find the amount when ₹19375 is invested at 12% per year compound interest for 2 years (in ₹).
- 18.Find the compound interest on ₹8000 at 10% per year for 3 years, added every year (in ₹).
- 19.Find the compound interest on ₹3850 at 20% per year for 2 years, added every year (in ₹).
- 20.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 21.Find the compound interest on ₹40960 at 25% per year for 3 years, added every year (in ₹).
- 22.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 23.Find the compound interest on ₹17024 at 25% per year for 2 years, added every year (in ₹).
- 24.Find the amount when ₹48300 is invested at 10% per year compound interest for 2 years (in ₹).
- 25.Find the compound interest on ₹6250 at 4% per year for 2 years, added every year (in ₹).
- 26.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 27.Find the compound interest on ₹26000 at 10% per year for 3 years, added every year (in ₹).
- 28.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 29.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 30.Find the compound interest on ₹10625 at 8% per year for 2 years, added every year (in ₹).
- 31.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹32500 is invested at 8% per year compound interest for 2 years (in ₹).
- 33.Find the amount when ₹37500 is invested at 4% per year compound interest for 2 years (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹7200 at 15% per year for 2 years (in ₹)?
- 35.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 36.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹14400 at 5% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹3550 at 20% per year for 2 years, added every year (in ₹).
- 39.Find the amount when ₹37500 is invested at 12% per year compound interest for 2 years (in ₹).
- 40.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
Answer key
- 37044
- 51313
- 22599
- 320
- 288
- 3993
- 19683
- 55566
- 180
- 23660
- 36
- 82
- 17576
- 3902
- 2624
- 54571
- 24304
- 2648
- 1694
- 4058
- 39040
- 6327
- 9576
- 58443
- 510
- 8116
- 8606
- 12174
- 52728
- 1768
- 31944
- 37908
- 40560
- 162
- 36501
- 12654
- 36
- 1562
- 47040
- 3783
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