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 ₹5000 at 4% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹5500 at 20% per year for 2 years (in ₹)?
- 3.Find the amount when ₹38400 is invested at 5% per year compound interest for 2 years (in ₹).
- 4.Find the amount when ₹34000 is invested at 10% per year compound interest for 3 years (in ₹).
- 5.Find the amount when ₹32432 is invested at 25% per year compound interest for 2 years (in ₹).
- 6.Find the compound interest on ₹46250 at 4% per year for 2 years, added every year (in ₹).
- 7.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 8.Find the compound interest on ₹13125 at 8% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹7100 at 10% per year for 2 years (in ₹)?
- 10.Find the amount when ₹27200 is invested at 5% per year compound interest for 2 years (in ₹).
- 11.Find the compound interest on ₹1375 at 20% per year for 3 years, added every year (in ₹).
- 12.Find the compound interest on ₹30000 at 5% per year for 2 years, added every year (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹28800 at 25% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
- 15.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹4400 at 15% per year for 2 years (in ₹)?
- 17.Find the compound interest on ₹8000 at 5% per year for 2 years, added every year (in ₹).
- 18.Find the compound interest on ₹46250 at 8% per year for 2 years, added every year (in ₹).
- 19.Find the compound interest on ₹31875 at 12% per year for 2 years, added every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹13400 at 20% per year for 2 years (in ₹)?
- 21.Find the compound interest on ₹37500 at 10% per year for 2 years, added every year (in ₹).
- 22.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹4000 at 5% per year for 2 years (in ₹)?
- 24.Find the compound interest on ₹14400 at 5% per year for 2 years, added every year (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹38400 at 5% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 27.Find the compound interest on ₹4375 at 8% per year for 2 years, added every year (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
- 29.Find the amount when ₹11750 is invested at 20% per year compound interest for 3 years (in ₹).
- 30.Find the amount when ₹28400 is invested at 15% per year compound interest for 2 years (in ₹).
- 31.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹15500 at 20% per year for 2 years (in ₹)?
- 33.Find the amount when ₹7360 is invested at 25% per year compound interest for 3 years (in ₹).
- 34.Find the compound interest on ₹20000 at 12% per year for 2 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
- 37.Find the amount when ₹11875 is invested at 4% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹2592 is invested at 25% per year compound interest for 2 years (in ₹).
- 39.Find the amount when ₹20400 is invested at 15% per year compound interest for 2 years (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
Answer key
- 8
- 220
- 42336
- 45254
- 50675
- 3774
- 12174
- 2184
- 71
- 29988
- 1001
- 3075
- 1800
- 20835
- 19683
- 99
- 820
- 7696
- 8109
- 536
- 7875
- 17576
- 10
- 1476
- 96
- 25002
- 728
- 160
- 20304
- 37559
- 12654
- 620
- 14375
- 5088
- 108
- 6305
- 12844
- 4050
- 26979
- 144
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