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 ₹37200 at 15% per year for 2 years (in ₹)?
- 2.Find the amount when ₹32725 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 ₹42400 at 20% per year for 2 years (in ₹)?
- 4.Find the amount when ₹10704 is invested at 25% per year compound interest for 2 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹4875 at 20% per year for 2 years, added every year (in ₹).
- 7.Find the compound interest on ₹47775 at 20% per year for 2 years, added every year (in ₹).
- 8.Find the amount when ₹9000 is invested at 10% per year compound interest for 3 years (in ₹).
- 9.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 10.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 11.Find the amount when ₹44800 is invested at 15% per year compound interest for 2 years (in ₹).
- 12.Find the compound interest on ₹625 at 4% per year for 2 years, added every year (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹36800 at 15% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹20000 at 4% per year for 2 years, added every year (in ₹).
- 15.Find the compound interest on ₹26875 at 12% per year for 2 years, added every year (in ₹).
- 16.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 17.Find the compound interest on ₹28750 at 4% per year for 2 years, added every year (in ₹).
- 18.Find the compound interest on ₹12704 at 25% per year for 2 years, added every year (in ₹).
- 19.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 20.Find the amount when ₹2800 is invested at 5% per year compound interest for 2 years (in ₹).
- 21.Find the compound interest on ₹26600 at 10% per year for 2 years, added every year (in ₹).
- 22.Find the amount when ₹39375 is invested at 12% per year compound interest for 2 years (in ₹).
- 23.Find the compound interest on ₹34400 at 5% per year for 2 years, added every year (in ₹).
- 24.Find the compound interest on ₹22496 at 25% per year for 2 years, added every year (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹39375 at 4% per year for 2 years, added every year (in ₹).
- 27.Find the amount when ₹7200 is invested at 15% per year compound interest for 2 years (in ₹).
- 28.Find the amount when ₹13250 is invested at 20% per year compound interest for 3 years (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹39600 at 5% per year for 2 years (in ₹)?
- 30.Find the amount when ₹9375 is invested at 4% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹35625 is invested at 12% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹17175 is invested at 20% per year compound interest for 2 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹9800 at 10% per year for 2 years (in ₹)?
- 34.Find the amount when ₹38080 is invested at 25% per year compound interest for 2 years (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹3300 at 10% per year for 2 years (in ₹)?
- 36.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 37.Find the compound interest on ₹41250 at 8% per year for 2 years, added every year (in ₹).
- 38.Find the amount when ₹1400 is invested at 10% per year compound interest for 2 years (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹36400 at 5% per year for 2 years (in ₹)?
- 40.Find the amount when ₹22500 is invested at 4% per year compound interest for 2 years (in ₹).
Answer key
- 837
- 47124
- 1696
- 16725
- 112
- 2145
- 21021
- 11979
- 52728
- 9261
- 59248
- 51
- 828
- 1632
- 6837
- 4058
- 2346
- 7146
- 59049
- 3087
- 5586
- 49392
- 3526
- 12654
- 304
- 3213
- 9522
- 22896
- 99
- 10140
- 44688
- 24732
- 98
- 59500
- 33
- 21952
- 6864
- 1694
- 91
- 24336
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