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 ₹50000 at 8% per year for 2 years (in ₹)?
- 2.Find the amount when ₹18750 is invested at 4% per year compound interest for 2 years (in ₹).
- 3.Find the compound interest on ₹5000 at 10% per year for 3 years, added every year (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹36400 at 25% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹45000 at 4% per year for 2 years (in ₹)?
- 6.Find the amount when ₹32800 is invested at 5% per year compound interest for 2 years (in ₹).
- 7.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
- 8.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 9.Find the amount when ₹37000 is invested at 10% per year compound interest for 3 years (in ₹).
- 10.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹3600 at 5% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹14500 at 10% per year for 2 years (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹45000 at 8% per year for 2 years (in ₹)?
- 14.Find the amount when ₹6125 is invested at 20% per year compound interest for 3 years (in ₹).
- 15.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
- 16.Find the amount when ₹32500 is invested at 4% per year compound interest for 2 years (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹19200 at 5% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹1875 at 8% per year for 2 years, added every year (in ₹).
- 19.Find the compound interest on ₹20125 at 20% per year for 2 years, added every year (in ₹).
- 20.Find the compound interest on ₹16640 at 25% per year for 3 years, added every year (in ₹).
- 21.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 22.Find the compound interest on ₹32500 at 8% per year for 2 years, added every year (in ₹).
- 23.Find the amount when ₹43200 is invested at 5% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹6250 is invested at 8% per year compound interest for 2 years (in ₹).
- 25.Find the compound interest on ₹25625 at 8% per year for 2 years, added every year (in ₹).
- 26.Find the amount when ₹37200 is invested at 15% per year compound interest for 2 years (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹34000 at 20% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹11600 at 5% per year for 2 years, added every year (in ₹).
- 29.Find the amount when ₹10000 is invested at 5% per year compound interest for 2 years (in ₹).
- 30.Find the compound interest on ₹33625 at 20% per year for 3 years, added every year (in ₹).
- 31.Find the amount when ₹32000 is invested at 10% per year compound interest for 3 years (in ₹).
- 32.Find the compound interest on ₹47500 at 4% per year for 2 years, added every year (in ₹).
- 33.Find the amount when ₹23750 is invested at 8% per year compound interest for 2 years (in ₹).
- 34.Find the compound interest on ₹24375 at 4% per year for 2 years, added every year (in ₹).
- 35.Find the compound interest on ₹35675 at 20% per year for 2 years, added every year (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹22800 at 5% per year for 2 years (in ₹)?
- 37.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 38.Find the compound interest on ₹5625 at 4% per year for 2 years, added every year (in ₹).
- 39.Find the compound interest on ₹35600 at 10% per year for 2 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
Answer key
- 320
- 20280
- 1655
- 2275
- 72
- 36162
- 16668
- 43904
- 49247
- 12174
- 9
- 145
- 288
- 10584
- 3783
- 35152
- 48
- 312
- 8855
- 15860
- 4167
- 5408
- 47628
- 7290
- 4264
- 49197
- 1360
- 1189
- 11025
- 24479
- 42592
- 3876
- 27702
- 1989
- 15697
- 57
- 21952
- 459
- 7476
- 60
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