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 ₹44400 at 15% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹20000 at 10% per year for 3 years, added every year (in ₹).
- 3.Find the compound interest on ₹10800 at 15% per year for 2 years, added every year (in ₹).
- 4.Find the amount when ₹9664 is invested at 25% per year compound interest for 3 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
- 6.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 7.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 8.Find the amount when ₹22875 is invested at 20% per year compound interest for 3 years (in ₹).
- 9.Find the compound interest on ₹20625 at 20% per year for 3 years, added every year (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹800 at 20% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹2000 at 15% per year for 2 years, added every year (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹38900 at 20% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹900 at 20% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹47200 at 5% per year for 2 years, added every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹22500 at 4% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
- 19.Find the amount when ₹8750 is invested at 8% per year compound interest for 2 years (in ₹).
- 20.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 21.Find the compound interest on ₹6250 at 20% per year for 3 years, added every year (in ₹).
- 22.Find the compound interest on ₹45775 at 20% per year for 2 years, added every year (in ₹).
- 23.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 24.Find the amount when ₹16900 is invested at 10% per year compound interest for 2 years (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹45900 at 20% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹42400 at 15% per year for 2 years (in ₹)?
- 28.What is the difference between the compound interest and the simple interest on ₹10800 at 15% per year for 2 years (in ₹)?
- 29.Find the amount when ₹14000 is invested at 10% per year compound interest for 3 years (in ₹).
- 30.Find the compound interest on ₹39625 at 20% per year for 3 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹17600 at 15% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 34.Find the amount when ₹2000 is invested at 5% per year compound interest for 2 years (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹48100 at 10% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹15184 at 25% per year for 2 years, added every year (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹27600 at 25% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹36600 at 10% per year for 2 years, added every year (in ₹).
- 39.Find the compound interest on ₹2000 at 10% per year for 3 years, added every year (in ₹).
- 40.Find the compound interest on ₹8800 at 10% per year for 2 years, added every year (in ₹).
Answer key
- 999
- 6620
- 3483
- 18875
- 320
- 17576
- 59049
- 39528
- 15015
- 216
- 32
- 645
- 1556
- 12654
- 36
- 4838
- 36
- 6305
- 10206
- 46305
- 4550
- 20141
- 27783
- 20449
- 1836
- 6327
- 954
- 243
- 18634
- 28847
- 396
- 12174
- 272
- 2205
- 481
- 8541
- 1725
- 7686
- 662
- 1848
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