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 ₹50000 at 12% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹32500 at 8% per year for 2 years (in ₹)?
- 3.Find the amount when ₹38900 is invested at 20% per year compound interest for 2 years (in ₹).
- 4.Find the amount when ₹29000 is invested at 10% per year compound interest for 3 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹5600 at 15% per year for 2 years (in ₹)?
- 6.Find the amount when ₹9375 is invested at 4% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹2000 is invested at 10% per year compound interest for 3 years (in ₹).
- 8.Find the amount when ₹27425 is invested at 20% per year compound interest for 2 years (in ₹).
- 9.Find the amount when ₹10880 is invested at 25% per year compound interest for 3 years (in ₹).
- 10.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 11.Find the compound interest on ₹50000 at 4% per year for 2 years, added every year (in ₹).
- 12.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
- 13.Find the amount when ₹41136 is invested at 25% per year compound interest for 2 years (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹7600 at 15% per year for 2 years (in ₹)?
- 17.Find the amount when ₹23900 is invested at 10% per year compound interest for 2 years (in ₹).
- 18.Find the compound interest on ₹34800 at 5% per year for 2 years, added every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹12500 at 4% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹38000 at 5% per year for 2 years (in ₹)?
- 21.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 22.Find the amount when ₹29625 is invested at 20% per year compound interest for 2 years (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹50000 at 5% per year for 2 years (in ₹)?
- 24.What is the difference between the compound interest and the simple interest on ₹5200 at 20% per year for 2 years (in ₹)?
- 25.Find the amount when ₹16875 is invested at 12% per year compound interest for 2 years (in ₹).
- 26.Find the amount when ₹32720 is invested at 25% per year compound interest for 2 years (in ₹).
- 27.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 28.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 29.Find the compound interest on ₹23500 at 20% per year for 3 years, added every year (in ₹).
- 30.Find the amount when ₹8750 is invested at 12% per year compound interest for 2 years (in ₹).
- 31.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹45400 at 20% per year for 2 years (in ₹)?
- 33.Find the amount when ₹8800 is invested at 10% per year compound interest for 2 years (in ₹).
- 34.Find the amount when ₹34832 is invested at 25% per year compound interest for 2 years (in ₹).
- 35.Find the amount when ₹46250 is invested at 8% per year compound interest for 2 years (in ₹).
- 36.Find the compound interest on ₹4800 at 5% per year for 2 years, added every year (in ₹).
- 37.Find the amount when ₹23750 is invested at 8% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹37500 is invested at 8% per year compound interest for 2 years (in ₹).
- 39.Find the amount when ₹23750 is invested at 4% per year compound interest for 2 years (in ₹).
- 40.Find the compound interest on ₹34000 at 15% per year for 2 years, added every year (in ₹).
Answer key
- 720
- 208
- 56016
- 38599
- 126
- 10140
- 2662
- 39492
- 21250
- 6327
- 4080
- 5044
- 64275
- 180
- 64
- 171
- 28919
- 3567
- 20
- 95
- 27783
- 42660
- 125
- 208
- 21168
- 51125
- 12174
- 25002
- 17108
- 10976
- 4058
- 1816
- 10648
- 54425
- 53946
- 492
- 27702
- 43740
- 25688
- 10965
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