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 ₹42000 at 20% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹17200 at 10% per year for 2 years (in ₹)?
- 3.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
- 4.Find the compound interest on ₹20000 at 4% per year for 2 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹50000 at 5% per year for 2 years (in ₹)?
- 6.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 7.Find the compound interest on ₹6000 at 15% per year for 2 years, added every year (in ₹).
- 8.Find the compound interest on ₹24675 at 20% per year for 2 years, added every year (in ₹).
- 9.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
- 10.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
- 12.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹39200 at 5% per year for 2 years (in ₹)?
- 14.Find the amount when ₹48000 is invested at 10% per year compound interest for 3 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹40800 at 25% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹39025 at 20% per year for 2 years, added every year (in ₹).
- 17.Find the compound interest on ₹625 at 12% per year for 2 years, added every year (in ₹).
- 18.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
- 19.Find the compound interest on ₹6250 at 12% per year for 2 years, added every year (in ₹).
- 20.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 21.Find the compound interest on ₹30976 at 25% per year for 2 years, added every year (in ₹).
- 22.Find the compound interest on ₹25000 at 8% per year for 2 years, added every year (in ₹).
- 23.Find the amount when ₹2000 is invested at 5% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 25.Find the compound interest on ₹6608 at 25% per year for 2 years, added every year (in ₹).
- 26.Find the compound interest on ₹36800 at 5% per year for 2 years, added every year (in ₹).
- 27.Find the amount when ₹40000 is invested at 4% per year compound interest for 2 years (in ₹).
- 28.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 29.Find the compound interest on ₹1875 at 12% per year for 2 years, added every year (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 31.What is the difference between the compound interest and the simple interest on ₹13600 at 15% per year for 2 years (in ₹)?
- 32.What is the difference between the compound interest and the simple interest on ₹20000 at 12% per year for 2 years (in ₹)?
- 33.What is the difference between the compound interest and the simple interest on ₹22200 at 20% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹14272 at 25% per year for 3 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹38400 at 15% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹23000 at 10% per year for 3 years, added every year (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹25000 at 4% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
- 39.Find the amount when ₹27400 is invested at 10% per year compound interest for 2 years (in ₹).
- 40.Find the amount when ₹34550 is invested at 20% per year compound interest for 2 years (in ₹).
Answer key
- 1680
- 172
- 60835
- 1632
- 125
- 18522
- 1935
- 10857
- 20835
- 6305
- 144
- 17576
- 98
- 63888
- 2550
- 17171
- 159
- 5044
- 1590
- 6327
- 17424
- 4160
- 2205
- 52728
- 3717
- 3772
- 43264
- 4058
- 477
- 36
- 306
- 288
- 888
- 13603
- 864
- 7613
- 40
- 80
- 33154
- 49752
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