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 ₹30800 at 10% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹37248 at 25% per year for 3 years, added every year (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹28700 at 10% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹33700 at 20% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹19700 at 10% per year for 2 years, added every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹11200 at 15% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹10800 at 10% per year for 2 years (in ₹)?
- 9.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹11400 at 10% per year for 2 years (in ₹)?
- 11.Find the amount when ₹33750 is invested at 12% per year compound interest for 2 years (in ₹).
- 12.Find the amount when ₹35000 is invested at 10% per year compound interest for 3 years (in ₹).
- 13.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 14.Find the amount when ₹44275 is invested at 20% per year compound interest for 2 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹44000 at 5% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹19100 at 20% per year for 2 years (in ₹)?
- 17.Find the amount when ₹11600 is invested at 15% per year compound interest for 2 years (in ₹).
- 18.Find the amount when ₹18725 is invested at 20% per year compound interest for 2 years (in ₹).
- 19.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 20.Find the amount when ₹12736 is invested at 25% per year compound interest for 2 years (in ₹).
- 21.Find the amount when ₹38125 is invested at 12% per year compound interest for 2 years (in ₹).
- 22.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 23.Find the amount when ₹38200 is invested at 10% per year compound interest for 2 years (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
- 25.Find the amount when ₹19000 is invested at 20% per year compound interest for 3 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹42900 at 20% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹12100 at 10% per year for 2 years, added every year (in ₹).
- 28.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 29.Find the compound interest on ₹43125 at 20% per year for 3 years, added every year (in ₹).
- 30.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
- 31.Find the amount when ₹45000 is invested at 12% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹21875 is invested at 20% per year compound interest for 3 years (in ₹).
- 33.Find the amount when ₹43125 is invested at 12% per year compound interest for 2 years (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹27500 at 10% per year for 2 years (in ₹)?
- 35.Find the amount when ₹24375 is invested at 12% per year compound interest for 2 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹45200 at 20% per year for 2 years (in ₹)?
- 37.What is the difference between the compound interest and the simple interest on ₹14200 at 20% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹42700 at 10% per year for 2 years (in ₹)?
- 39.Find the amount when ₹35600 is invested at 5% per year compound interest for 2 years (in ₹).
- 40.Find the amount when ₹47200 is invested at 10% per year compound interest for 2 years (in ₹).
Answer key
- 308
- 32
- 35502
- 287
- 1348
- 4137
- 252
- 108
- 43904
- 114
- 42336
- 46585
- 12174
- 63756
- 110
- 764
- 15341
- 26964
- 1261
- 19900
- 47824
- 17576
- 46222
- 576
- 32832
- 1716
- 2541
- 7566
- 31395
- 8334
- 56448
- 37800
- 54096
- 275
- 30576
- 1808
- 568
- 427
- 39249
- 57112
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