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 ₹10000 at 4% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹34375 at 12% per year for 2 years, added every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
- 4.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹32500 at 8% per year for 2 years (in ₹)?
- 6.Find the amount when ₹41250 is invested at 4% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 8.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 9.Find the compound interest on ₹34544 at 25% per year for 2 years, added every year (in ₹).
- 10.Find the compound interest on ₹33125 at 20% per year for 3 years, added every year (in ₹).
- 11.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 12.Find the compound interest on ₹33975 at 20% per year for 2 years, added every year (in ₹).
- 13.Find the compound interest on ₹31920 at 25% per year for 2 years, added every year (in ₹).
- 14.Find the amount when ₹27500 is invested at 10% per year compound interest for 2 years (in ₹).
- 15.Find the compound interest on ₹31000 at 10% per year for 3 years, added every year (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹8300 at 20% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹800 at 15% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹9600 at 5% per year for 2 years (in ₹)?
- 20.Find the amount when ₹27300 is invested at 20% per year compound interest for 2 years (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹14800 at 20% per year for 2 years (in ₹)?
- 22.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
- 24.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 25.Find the compound interest on ₹19375 at 4% per year for 2 years, added every year (in ₹).
- 26.Find the compound interest on ₹15200 at 5% per year for 2 years, added every year (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹6900 at 10% per year for 2 years (in ₹)?
- 28.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹3750 at 12% per year for 2 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹8400 at 15% per year for 2 years, added every year (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 34.What is the difference between the compound interest and the simple interest on ₹17000 at 20% per year for 2 years (in ₹)?
- 35.Find the amount when ₹46400 is invested at 15% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹13375 is invested at 20% per year compound interest for 3 years (in ₹).
- 37.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 38.Find the amount when ₹38125 is invested at 8% per year compound interest for 2 years (in ₹).
- 39.Find the amount when ₹1400 is invested at 20% per year compound interest for 2 years (in ₹).
- 40.Find the compound interest on ₹5625 at 4% per year for 2 years, added every year (in ₹).
Answer key
- 16
- 8745
- 32
- 17576
- 208
- 44616
- 35152
- 21952
- 19431
- 24115
- 6327
- 14949
- 17955
- 33275
- 10261
- 272
- 332
- 18
- 24
- 39312
- 592
- 16668
- 576
- 39366
- 1581
- 1558
- 69
- 9261
- 128
- 954
- 52
- 2709
- 48
- 680
- 61364
- 23112
- 27783
- 44469
- 2016
- 459
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