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 ₹37500 at 12% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹6750 at 20% per year for 3 years, added every year (in ₹).
- 4.Find the amount when ₹3600 is invested at 15% per year compound interest for 2 years (in ₹).
- 5.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹32025 is invested at 20% per year compound interest for 2 years (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹4600 at 10% per year for 2 years (in ₹)?
- 9.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 10.Find the amount when ₹13125 is invested at 8% per year compound interest for 2 years (in ₹).
- 11.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹1200 at 25% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
- 14.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 15.Find the amount when ₹30700 is invested at 10% per year compound interest for 2 years (in ₹).
- 16.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 17.Find the compound interest on ₹35625 at 4% per year for 2 years, added every year (in ₹).
- 18.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 19.Find the amount when ₹21088 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 ₹19200 at 15% per year for 2 years (in ₹)?
- 21.Find the amount when ₹31600 is invested at 15% per year compound interest for 2 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹39600 at 5% per year for 2 years (in ₹)?
- 23.Find the amount when ₹42000 is invested at 10% per year compound interest for 3 years (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹44400 at 25% per year for 2 years (in ₹)?
- 25.Find the amount when ₹36250 is invested at 4% per year compound interest for 2 years (in ₹).
- 26.Find the amount when ₹9375 is invested at 12% per year compound interest for 2 years (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
- 28.Find the amount when ₹23750 is invested at 20% per year compound interest for 2 years (in ₹).
- 29.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 30.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹17200 at 5% per year for 2 years (in ₹)?
- 32.What is the difference between the compound interest and the simple interest on ₹22000 at 10% per year for 2 years (in ₹)?
- 33.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 35.Find the amount when ₹450 is invested at 20% per year compound interest for 2 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹7600 at 15% per year for 2 years (in ₹)?
- 37.Find the amount when ₹21675 is invested at 20% per year compound interest for 2 years (in ₹).
- 38.Find the compound interest on ₹11600 at 5% per year for 2 years, added every year (in ₹).
- 39.Find the amount when ₹20800 is invested at 5% per year compound interest for 2 years (in ₹).
- 40.Find the compound interest on ₹42700 at 10% per year for 2 years, added every year (in ₹).
Answer key
- 540
- 504
- 4914
- 4761
- 12654
- 46116
- 144
- 46
- 3902
- 15309
- 7566
- 75
- 5853
- 36501
- 37147
- 18522
- 2907
- 24334
- 32950
- 432
- 41791
- 99
- 55902
- 2775
- 39208
- 11760
- 576
- 34200
- 65856
- 8116
- 43
- 220
- 80
- 4167
- 648
- 171
- 31212
- 1189
- 22932
- 8967
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