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 ₹7500 at 4% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹7500 at 12% per year for 2 years, added every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹50000 at 5% per year for 2 years (in ₹)?
- 4.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹42000 at 15% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹3200 at 5% per year for 2 years, added every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹40000 at 5% per year for 2 years (in ₹)?
- 8.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹12500 at 20% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹13600 at 10% per year for 2 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹45000 at 12% per year for 2 years (in ₹)?
- 12.Find the amount when ₹18750 is invested at 12% per year compound interest for 2 years (in ₹).
- 13.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 14.Find the amount when ₹12800 is invested at 5% per year compound interest for 2 years (in ₹).
- 15.Find the amount when ₹40625 is invested at 12% per year compound interest for 2 years (in ₹).
- 16.Find the amount when ₹7520 is invested at 25% per year compound interest for 2 years (in ₹).
- 17.Find the amount when ₹24064 is invested at 25% per year compound interest for 3 years (in ₹).
- 18.Find the compound interest on ₹20400 at 5% per year for 2 years, added every year (in ₹).
- 19.Find the amount when ₹45000 is invested at 4% per year compound interest for 2 years (in ₹).
- 20.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 21.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 22.Find the compound interest on ₹40000 at 8% per year for 2 years, added every year (in ₹).
- 23.Find the compound interest on ₹4000 at 10% per year for 3 years, added every year (in ₹).
- 24.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹35000 at 4% per year for 2 years (in ₹)?
- 26.Find the amount when ₹41875 is invested at 12% per year compound interest for 2 years (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹24000 at 25% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 29.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
- 30.Find the amount when ₹15648 is invested at 25% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹13750 is invested at 12% per year compound interest for 2 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
- 33.Find the compound interest on ₹21900 at 10% per year for 2 years, added every year (in ₹).
- 34.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 35.Find the amount when ₹1625 is invested at 20% per year compound interest for 3 years (in ₹).
- 36.Find the amount when ₹38750 is invested at 4% per year compound interest for 2 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹34800 at 5% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹47100 at 10% per year for 2 years (in ₹)?
- 39.Find the amount when ₹48464 is invested at 25% per year compound interest for 2 years (in ₹).
- 40.Find the amount when ₹41875 is invested at 20% per year compound interest for 2 years (in ₹).
Answer key
- 12
- 1908
- 125
- 46305
- 945
- 328
- 100
- 12501
- 500
- 2856
- 648
- 23520
- 17576
- 14112
- 50960
- 11750
- 47000
- 2091
- 48672
- 18981
- 55566
- 6656
- 1324
- 6327
- 56
- 52528
- 1500
- 2522
- 5853
- 24450
- 17248
- 612
- 4599
- 7566
- 2808
- 41912
- 87
- 471
- 75725
- 60300
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