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 4% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹40400 at 15% per year for 2 years, added every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹6000 at 20% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹35200 at 5% per year for 2 years (in ₹)?
- 6.Find the amount when ₹10800 is invested at 5% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹38000 is invested at 15% per year compound interest for 2 years (in ₹).
- 8.Find the compound interest on ₹25175 at 20% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹6800 at 25% per year for 2 years (in ₹)?
- 10.Find the amount when ₹41600 is invested at 5% per year compound interest for 2 years (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹41600 at 5% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 13.Find the compound interest on ₹7500 at 4% per year for 2 years, added every year (in ₹).
- 14.Find the compound interest on ₹27300 at 10% per year for 2 years, added every year (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹37900 at 10% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹36000 at 15% per year for 2 years, added every year (in ₹).
- 17.Find the amount when ₹35120 is invested at 25% per year compound interest for 2 years (in ₹).
- 18.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 19.Find the compound interest on ₹43750 at 4% per year for 2 years, added every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
- 21.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
- 22.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
- 24.Find the compound interest on ₹2688 at 25% per year for 3 years, added every year (in ₹).
- 25.Find the compound interest on ₹15200 at 5% per year for 2 years, added every year (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹9600 at 5% per year for 2 years (in ₹)?
- 27.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 28.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
- 29.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
- 31.What is the difference between the compound interest and the simple interest on ₹1400 at 20% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹48800 at 10% per year for 2 years, added every year (in ₹).
- 33.Find the amount when ₹47625 is invested at 20% per year compound interest for 3 years (in ₹).
- 34.Find the compound interest on ₹8500 at 20% per year for 3 years, added every year (in ₹).
- 35.Find the amount when ₹34375 is invested at 4% per year compound interest for 2 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹41600 at 25% per year for 2 years (in ₹)?
- 37.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
- 38.Find the amount when ₹4275 is invested at 20% per year compound interest for 2 years (in ₹).
- 39.Find the compound interest on ₹42400 at 15% per year for 2 years, added every year (in ₹).
- 40.Find the amount when ₹45750 is invested at 20% per year compound interest for 2 years (in ₹).
Answer key
- 56
- 13029
- 240
- 25002
- 88
- 11907
- 50255
- 11077
- 425
- 45864
- 104
- 3902
- 612
- 5733
- 379
- 11610
- 54875
- 55566
- 3570
- 16
- 73002
- 19683
- 240
- 2562
- 1558
- 24
- 48
- 52
- 39366
- 80
- 56
- 10248
- 82296
- 6188
- 37180
- 2600
- 5044
- 6156
- 13674
- 65880
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