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 15% per year for 2 years (in ₹)?
- 2.Find the amount when ₹31000 is invested at 10% per year compound interest for 3 years (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹26000 at 25% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹30625 at 12% per year for 2 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 6.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
- 7.Find the compound interest on ₹21250 at 4% per year for 2 years, added every year (in ₹).
- 8.Find the amount when ₹38100 is invested at 10% per year compound interest for 2 years (in ₹).
- 9.Find the compound interest on ₹17000 at 10% per year for 3 years, added every year (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹24000 at 20% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹43200 at 25% per year for 3 years, added every year (in ₹).
- 12.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 13.Find the amount when ₹2125 is invested at 20% per year compound interest for 3 years (in ₹).
- 14.Find the amount when ₹43125 is invested at 8% per year compound interest for 2 years (in ₹).
- 15.Find the amount when ₹4800 is invested at 5% per year compound interest for 2 years (in ₹).
- 16.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 17.Find the amount when ₹23200 is invested at 5% per year compound interest for 2 years (in ₹).
- 18.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 19.Find the amount when ₹2000 is invested at 15% per year compound interest for 2 years (in ₹).
- 20.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 21.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 22.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 23.Find the compound interest on ₹25625 at 4% per year for 2 years, added every year (in ₹).
- 24.Find the amount when ₹14800 is invested at 5% per year compound interest for 2 years (in ₹).
- 25.Find the compound interest on ₹20864 at 25% per year for 3 years, added every year (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
- 27.What is the difference between the compound interest and the simple interest on ₹30400 at 20% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹12400 at 5% per year for 2 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹17500 at 12% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹24000 at 15% per year for 2 years, added every year (in ₹).
- 31.Find the compound interest on ₹4900 at 10% per year for 2 years, added every year (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹1200 at 5% per year for 2 years (in ₹)?
- 33.Find the amount when ₹7600 is invested at 10% per year compound interest for 2 years (in ₹).
- 34.Find the amount when ₹31872 is invested at 25% per year compound interest for 3 years (in ₹).
- 35.Find the amount when ₹18275 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 ₹1600 at 5% per year for 2 years (in ₹)?
- 37.Find the amount when ₹30375 is invested at 20% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹28000 is invested at 10% per year compound interest for 3 years (in ₹).
- 39.Find the amount when ₹3125 is invested at 8% per year compound interest for 2 years (in ₹).
- 40.Find the compound interest on ₹24000 at 10% per year for 3 years, added every year (in ₹).
Answer key
- 693
- 41261
- 1625
- 7791
- 304
- 12167
- 1734
- 46101
- 5627
- 960
- 41175
- 6327
- 3672
- 50301
- 5292
- 4058
- 25578
- 12174
- 2645
- 12501
- 9261
- 46305
- 2091
- 16317
- 19886
- 44
- 1216
- 1271
- 252
- 7740
- 1029
- 3
- 9196
- 62250
- 26316
- 4
- 43740
- 37268
- 3645
- 7944
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