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 ₹34000 at 5% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹49200 at 15% per year for 2 years (in ₹)?
- 3.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹41300 at 10% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹41100 at 10% per year for 2 years (in ₹)?
- 6.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 7.Find the compound interest on ₹3350 at 20% per year for 2 years, added every year (in ₹).
- 8.Find the amount when ₹18750 is invested at 4% per year compound interest for 2 years (in ₹).
- 9.Find the amount when ₹24704 is invested at 25% per year compound interest for 3 years (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹36300 at 10% per year for 2 years (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹42800 at 5% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹21200 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 ₹5000 at 4% per year for 2 years (in ₹)?
- 14.What is the difference between the compound interest and the simple interest on ₹16800 at 5% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹46000 at 10% per year for 3 years, added every year (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹18700 at 10% per year for 2 years (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹32800 at 5% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹36500 at 10% per year for 2 years (in ₹)?
- 19.Find the amount when ₹31000 is invested at 10% per year compound interest for 3 years (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹47500 at 4% per year for 2 years (in ₹)?
- 21.Find the amount when ₹27500 is invested at 10% per year compound interest for 2 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
- 23.Find the amount when ₹38125 is invested at 4% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹36250 is invested at 4% per year compound interest for 2 years (in ₹).
- 25.Find the amount when ₹16992 is invested at 25% per year compound interest for 2 years (in ₹).
- 26.Find the amount when ₹40225 is invested at 20% per year compound interest for 2 years (in ₹).
- 27.Find the amount when ₹80 is invested at 25% per year compound interest for 2 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹36800 at 15% per year for 2 years (in ₹)?
- 29.Find the amount when ₹49500 is invested at 10% per year compound interest for 2 years (in ₹).
- 30.Find the amount when ₹19375 is invested at 4% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹46800 is invested at 5% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹40125 is invested at 20% per year compound interest for 3 years (in ₹).
- 33.Find the compound interest on ₹21424 at 25% per year for 2 years, added every year (in ₹).
- 34.Find the amount when ₹10025 is invested at 20% per year compound interest for 2 years (in ₹).
- 35.Find the amount when ₹1300 is invested at 10% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹31200 is invested at 15% per year compound interest for 2 years (in ₹).
- 37.Find the compound interest on ₹19000 at 10% per year for 3 years, added every year (in ₹).
- 38.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 39.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 40.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
Answer key
- 85
- 1107
- 18522
- 413
- 411
- 39366
- 1474
- 20280
- 48250
- 363
- 107
- 6837
- 8
- 42
- 15226
- 187
- 82
- 365
- 41261
- 76
- 33275
- 72
- 41236
- 39208
- 26550
- 57924
- 125
- 828
- 59895
- 20956
- 51597
- 69336
- 12051
- 14436
- 1573
- 41262
- 6289
- 59049
- 36501
- 18981
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