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 ₹13200 at 15% per year for 2 years (in ₹)?
- 2.Find the amount when ₹26700 is invested at 20% per year compound interest for 2 years (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹44400 at 15% per year for 2 years (in ₹)?
- 4.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 5.Find the amount when ₹35000 is invested at 4% per year compound interest for 2 years (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹26400 at 15% per year for 2 years (in ₹)?
- 7.Find the amount when ₹21250 is invested at 8% per year compound interest for 2 years (in ₹).
- 8.Find the compound interest on ₹4000 at 5% per year for 2 years, added every year (in ₹).
- 9.Find the amount when ₹10592 is invested at 25% per year compound interest for 2 years (in ₹).
- 10.Find the amount when ₹5625 is invested at 20% per year compound interest for 3 years (in ₹).
- 11.Find the amount when ₹46675 is invested at 20% per year compound interest for 2 years (in ₹).
- 12.Find the compound interest on ₹5625 at 4% per year for 2 years, added every year (in ₹).
- 13.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 14.Find the compound interest on ₹42500 at 8% per year for 2 years, added every year (in ₹).
- 15.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 16.Find the amount when ₹19200 is invested at 10% per year compound interest for 2 years (in ₹).
- 17.Find the amount when ₹16800 is invested at 5% per year compound interest for 2 years (in ₹).
- 18.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 19.Find the amount when ₹44000 is invested at 10% per year compound interest for 3 years (in ₹).
- 20.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
- 21.Find the amount when ₹46875 is invested at 8% per year compound interest for 2 years (in ₹).
- 22.Find the compound interest on ₹43200 at 5% per year for 2 years, added every year (in ₹).
- 23.Find the amount when ₹4325 is invested at 20% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹28300 is invested at 10% per year compound interest for 2 years (in ₹).
- 25.Find the amount when ₹35625 is invested at 8% per year compound interest for 2 years (in ₹).
- 26.Find the compound interest on ₹34368 at 25% per year for 2 years, added every year (in ₹).
- 27.Find the compound interest on ₹35625 at 20% per year for 2 years, added every year (in ₹).
- 28.Find the compound interest on ₹9888 at 25% per year for 2 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹42400 at 5% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹23850 at 20% per year for 2 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹41900 at 20% per year for 2 years (in ₹)?
- 32.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
- 33.Find the compound interest on ₹30400 at 15% per year for 2 years, added every year (in ₹).
- 34.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 35.Find the compound interest on ₹21200 at 15% per year for 2 years, added every year (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹32500 at 12% per year for 2 years (in ₹)?
- 37.Find the amount when ₹45000 is invested at 10% per year compound interest for 3 years (in ₹).
- 38.Find the amount when ₹40400 is invested at 15% per year compound interest for 2 years (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹2800 at 15% per year for 2 years (in ₹)?
- 40.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
Answer key
- 297
- 38448
- 999
- 19683
- 37856
- 594
- 24786
- 410
- 16550
- 9720
- 67212
- 459
- 12174
- 7072
- 21952
- 23232
- 18522
- 2522
- 58564
- 5853
- 54675
- 4428
- 6228
- 34243
- 41553
- 19332
- 15675
- 5562
- 106
- 10494
- 1676
- 12
- 9804
- 4167
- 6837
- 468
- 59895
- 53429
- 63
- 8334
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