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 ₹21000 at 20% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹15200 at 15% per year for 2 years (in ₹)?
- 3.Find the amount when ₹26875 is invested at 12% per year compound interest for 2 years (in ₹).
- 4.Find the compound interest on ₹36250 at 4% per year for 2 years, added every year (in ₹).
- 5.Find the compound interest on ₹46300 at 20% per year for 2 years, added every year (in ₹).
- 6.Find the compound interest on ₹16000 at 10% per year for 3 years, added every year (in ₹).
- 7.Find the compound interest on ₹24700 at 10% per year for 2 years, added every year (in ₹).
- 8.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 9.Find the compound interest on ₹12500 at 4% per year for 2 years, added every year (in ₹).
- 10.Find the amount when ₹17600 is invested at 15% per year compound interest for 2 years (in ₹).
- 11.Find the compound interest on ₹19000 at 10% per year for 2 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹3800 at 10% per year for 2 years (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹32500 at 12% per year for 2 years (in ₹)?
- 14.Find the amount when ₹48125 is invested at 4% per year compound interest for 2 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹49600 at 10% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹13600 at 25% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹1875 at 4% per year for 2 years, added every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹41700 at 20% per year for 2 years (in ₹)?
- 20.Find the amount when ₹7600 is invested at 10% per year compound interest for 2 years (in ₹).
- 21.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
- 23.Find the amount when ₹31250 is invested at 8% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹22500 is invested at 8% per year compound interest for 2 years (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
- 26.Find the amount when ₹13500 is invested at 10% per year compound interest for 2 years (in ₹).
- 27.Find the amount when ₹18750 is invested at 8% per year compound interest for 2 years (in ₹).
- 28.Find the compound interest on ₹19375 at 4% per year for 2 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹12800 at 25% per year for 2 years (in ₹)?
- 30.Find the amount when ₹41000 is invested at 10% per year compound interest for 3 years (in ₹).
- 31.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹8000 at 5% per year for 2 years (in ₹)?
- 34.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 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 ₹8875 at 20% per year for 2 years, added every year (in ₹).
- 37.Find the compound interest on ₹30400 at 15% per year for 2 years, added every year (in ₹).
- 38.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 39.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹2200 at 10% per year for 2 years (in ₹)?
Answer key
- 840
- 342
- 33712
- 2958
- 20372
- 5296
- 5187
- 4167
- 1020
- 23276
- 3990
- 38
- 468
- 52052
- 496
- 8116
- 850
- 153
- 1668
- 9196
- 48668
- 128
- 36450
- 26244
- 52
- 16335
- 21870
- 1581
- 800
- 54571
- 43904
- 35152
- 20
- 60835
- 216
- 3905
- 9804
- 1261
- 59049
- 22
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