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 ₹35000 at 12% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹46875 at 8% per year for 2 years, added every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹12400 at 20% per year for 2 years (in ₹)?
- 4.Find the amount when ₹31875 is invested at 12% per year compound interest for 2 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 8.Find the amount when ₹9456 is invested at 25% per year compound interest for 2 years (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹24400 at 25% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹3750 at 12% per year for 2 years, added every year (in ₹).
- 11.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹3400 at 10% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹22100 at 10% per year for 2 years, added every year (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹1700 at 10% per year for 2 years (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹26800 at 15% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹15200 at 10% per year for 2 years, added every year (in ₹).
- 17.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 18.Find the amount when ₹15000 is invested at 8% per year compound interest for 2 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹32800 at 15% per year for 2 years (in ₹)?
- 20.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 21.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 22.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 23.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 24.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 25.Find the amount when ₹35000 is invested at 12% per year compound interest for 2 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹15600 at 25% per year for 2 years (in ₹)?
- 27.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹34992 at 25% per year for 2 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹13600 at 20% per year for 2 years (in ₹)?
- 30.Find the amount when ₹34000 is invested at 5% per year compound interest for 2 years (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹40500 at 10% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹7072 at 25% per year for 2 years, added every year (in ₹).
- 33.Find the compound interest on ₹27500 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 ₹7200 at 5% per year for 2 years (in ₹)?
- 35.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
- 37.Find the amount when ₹10175 is invested at 20% per year compound interest for 2 years (in ₹).
- 38.Find the compound interest on ₹2400 at 5% per year for 2 years, added every year (in ₹).
- 39.Find the compound interest on ₹5184 at 25% per year for 3 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
Answer key
- 504
- 7800
- 496
- 39984
- 16
- 2522
- 304
- 14775
- 1525
- 954
- 12174
- 34
- 4641
- 17
- 603
- 3192
- 18981
- 17496
- 738
- 6327
- 39366
- 12654
- 43904
- 27783
- 43904
- 975
- 80
- 19683
- 544
- 37485
- 405
- 3978
- 4576
- 18
- 216
- 6305
- 14652
- 246
- 4941
- 320
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