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 ₹11200 at 20% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹7200 at 15% per year for 2 years (in ₹)?
- 3.Find the amount when ₹44450 is invested at 20% per year compound interest for 2 years (in ₹).
- 4.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
- 5.Find the compound interest on ₹7000 at 10% per year for 3 years, added every year (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹30000 at 4% per year for 2 years (in ₹)?
- 7.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 8.Find the compound interest on ₹4300 at 10% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
- 10.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹36000 at 5% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹44600 at 10% per year for 2 years (in ₹)?
- 13.Find the amount when ₹23000 is invested at 10% per year compound interest for 3 years (in ₹).
- 14.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
- 15.Find the amount when ₹40080 is invested at 25% per year compound interest for 2 years (in ₹).
- 16.Find the amount when ₹36800 is invested at 5% per year compound interest for 2 years (in ₹).
- 17.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 18.Find the compound interest on ₹3600 at 5% per year for 2 years, added every year (in ₹).
- 19.Find the amount when ₹4544 is invested at 25% per year compound interest for 2 years (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹28400 at 15% per year for 2 years (in ₹)?
- 21.What is the difference between the compound interest and the simple interest on ₹12400 at 15% per year for 2 years (in ₹)?
- 22.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 23.Find the compound interest on ₹5744 at 25% per year for 2 years, added every year (in ₹).
- 24.Find the amount when ₹17200 is invested at 15% per year compound interest for 2 years (in ₹).
- 25.Find the amount when ₹20275 is invested at 20% per year compound interest for 2 years (in ₹).
- 26.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 27.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹27000 at 10% per year for 2 years (in ₹)?
- 29.Find the amount when ₹44000 is invested at 15% per year compound interest for 2 years (in ₹).
- 30.Find the amount when ₹49984 is invested at 25% per year compound interest for 3 years (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹19600 at 5% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹1600 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 ₹31200 at 10% per year for 2 years (in ₹)?
- 34.What is the difference between the compound interest and the simple interest on ₹47300 at 10% per year for 2 years (in ₹)?
- 35.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
- 36.Find the amount when ₹2032 is invested at 25% per year compound interest for 2 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹14000 at 25% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 39.Find the compound interest on ₹41000 at 10% per year for 3 years, added every year (in ₹).
- 40.Find the amount when ₹27500 is invested at 4% per year compound interest for 2 years (in ₹).
Answer key
- 448
- 162
- 64008
- 1951
- 2317
- 48
- 36
- 903
- 32
- 36501
- 90
- 446
- 30613
- 5853
- 62625
- 40572
- 12501
- 369
- 7100
- 639
- 279
- 52728
- 3231
- 22747
- 29196
- 17576
- 12654
- 270
- 58190
- 97625
- 49
- 516
- 312
- 473
- 8334
- 3175
- 875
- 1261
- 13571
- 29744
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