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.
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- 1.What is the difference between the compound interest and the simple interest on ₹32400 at 5% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹37200 at 15% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
- 4.What is the difference between the compound interest and the simple interest on ₹20000 at 20% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹14400 at 25% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹13500 at 20% per year for 3 years, added every year (in ₹).
- 7.Find the amount when ₹20775 is invested at 20% per year compound interest for 2 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 9.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 10.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 11.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 12.Find the compound interest on ₹5775 at 20% per year for 2 years, added every year (in ₹).
- 13.Find the compound interest on ₹9000 at 10% per year for 3 years, added every year (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹26400 at 5% per year for 2 years (in ₹)?
- 15.Find the amount when ₹20000 is invested at 20% per year compound interest for 3 years (in ₹).
- 16.Find the compound interest on ₹26000 at 5% per year for 2 years, added every year (in ₹).
- 17.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 18.Find the compound interest on ₹33312 at 25% per year for 2 years, added every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹34400 at 20% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?
- 21.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
- 22.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹32000 at 15% per year for 2 years (in ₹)?
- 24.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹9500 at 20% per year for 2 years (in ₹)?
- 26.Find the amount when ₹48250 is invested at 20% per year compound interest for 2 years (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹35400 at 20% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹22400 at 15% per year for 2 years, added every year (in ₹).
- 29.Find the amount when ₹11600 is invested at 15% per year compound interest for 2 years (in ₹).
- 30.Find the amount when ₹18900 is invested at 10% per year compound interest for 2 years (in ₹).
- 31.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 32.Find the amount when ₹39375 is invested at 8% per year compound interest for 2 years (in ₹).
- 33.Find the amount when ₹17500 is invested at 8% per year compound interest for 2 years (in ₹).
- 34.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹8000 at 5% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹24500 at 20% per year for 3 years, added every year (in ₹).
- 37.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹21600 at 10% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 40.Find the amount when ₹8896 is invested at 25% per year compound interest for 3 years (in ₹).
Answer key
- 81
- 837
- 224
- 800
- 900
- 9828
- 29916
- 36
- 19683
- 27783
- 4058
- 2541
- 2979
- 66
- 34560
- 2665
- 39366
- 18738
- 1376
- 504
- 60835
- 18981
- 720
- 25002
- 380
- 69480
- 1416
- 7224
- 15341
- 22869
- 3902
- 45927
- 20412
- 24334
- 20
- 17836
- 43904
- 216
- 16
- 17375
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