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 ₹10000 at 4% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹28400 at 5% per year for 2 years (in ₹)?
- 3.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 4.Find the compound interest on ₹16875 at 8% per year for 2 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹34100 at 20% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹46800 at 5% per year for 2 years, added every year (in ₹).
- 7.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 8.Find the amount when ₹9900 is invested at 10% per year compound interest for 2 years (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹46800 at 15% per year for 2 years (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
- 11.Find the amount when ₹9000 is invested at 10% per year compound interest for 2 years (in ₹).
- 12.Find the amount when ₹23125 is invested at 8% per year compound interest for 2 years (in ₹).
- 13.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 14.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 15.Find the amount when ₹20400 is invested at 5% per year compound interest for 2 years (in ₹).
- 16.Find the amount when ₹20000 is invested at 12% per year compound interest for 2 years (in ₹).
- 17.Find the compound interest on ₹49600 at 15% per year for 2 years, added every year (in ₹).
- 18.Find the amount when ₹25000 is invested at 8% per year compound interest for 2 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 20.Find the amount when ₹8000 is invested at 10% per year compound interest for 2 years (in ₹).
- 21.Find the compound interest on ₹9250 at 20% per year for 3 years, added every year (in ₹).
- 22.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹35600 at 25% per year for 2 years (in ₹)?
- 24.Find the compound interest on ₹625 at 8% per year for 2 years, added every year (in ₹).
- 25.Find the compound interest on ₹31250 at 4% per year for 2 years, added every year (in ₹).
- 26.Find the amount when ₹28125 is invested at 8% per year compound interest for 2 years (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹37600 at 25% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹43125 at 4% per year for 2 years, added every year (in ₹).
- 29.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 30.Find the amount when ₹5760 is invested at 25% per year compound interest for 3 years (in ₹).
- 31.Find the amount when ₹50000 is invested at 10% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹48125 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 ₹5100 at 10% per year for 2 years (in ₹)?
- 36.Find the amount when ₹16400 is invested at 5% per year compound interest for 2 years (in ₹).
- 37.Find the compound interest on ₹33750 at 20% per year for 3 years, added every year (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹2000 at 5% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹40000 at 25% per year for 2 years (in ₹)?
Answer key
- 16
- 71
- 17576
- 2808
- 1364
- 4797
- 1261
- 11979
- 1053
- 360
- 10890
- 26973
- 18981
- 35152
- 22491
- 25088
- 15996
- 29160
- 272
- 9680
- 6734
- 48668
- 2225
- 104
- 2550
- 32805
- 2350
- 3519
- 52728
- 11250
- 66550
- 59049
- 28
- 12243
- 51
- 18081
- 24570
- 5
- 8
- 2500
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