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 ₹48400 at 15% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹43100 at 10% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹8500 at 20% per year for 2 years (in ₹)?
- 4.Find the amount when ₹12950 is invested at 20% per year compound interest for 2 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹48800 at 10% per year for 2 years (in ₹)?
- 6.What is the difference between the compound interest and the simple interest on ₹17600 at 5% per year for 2 years (in ₹)?
- 7.Find the compound interest on ₹21008 at 25% per year for 2 years, added every year (in ₹).
- 8.Find the compound interest on ₹34375 at 12% per year for 2 years, added every year (in ₹).
- 9.Find the compound interest on ₹43600 at 5% per year for 2 years, added every year (in ₹).
- 10.Find the compound interest on ₹45000 at 8% per year for 2 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
- 12.Find the amount when ₹16800 is invested at 5% per year compound interest for 2 years (in ₹).
- 13.Find the amount when ₹40750 is invested at 20% per year compound interest for 3 years (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹10800 at 5% per year for 2 years (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹35600 at 15% per year for 2 years (in ₹)?
- 17.Find the amount when ₹7500 is invested at 4% per year compound interest for 2 years (in ₹).
- 18.Find the compound interest on ₹8750 at 8% per year for 2 years, added every year (in ₹).
- 19.Find the compound interest on ₹6000 at 10% per year for 3 years, added every year (in ₹).
- 20.Find the amount when ₹45625 is invested at 8% per year compound interest for 2 years (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹11700 at 10% per year for 2 years (in ₹)?
- 22.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 23.Find the compound interest on ₹19500 at 10% per year for 2 years, added every year (in ₹).
- 24.Find the compound interest on ₹30000 at 12% per year for 2 years, added every year (in ₹).
- 25.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹21000 at 10% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
- 28.Find the compound interest on ₹27200 at 25% per year for 3 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹26400 at 25% per year for 2 years (in ₹)?
- 30.Find the amount when ₹35200 is invested at 25% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 33.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
- 34.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 35.Find the amount when ₹21100 is invested at 10% per year compound interest for 2 years (in ₹).
- 36.Find the compound interest on ₹7500 at 8% per year for 2 years, added every year (in ₹).
- 37.Find the compound interest on ₹15616 at 25% per year for 2 years, added every year (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹29200 at 5% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹6900 at 10% per year for 2 years (in ₹)?
- 40.Find the amount when ₹43600 is invested at 15% per year compound interest for 2 years (in ₹).
Answer key
- 1089
- 431
- 340
- 18648
- 488
- 44
- 11817
- 8745
- 4469
- 7488
- 52
- 18522
- 70416
- 27
- 216
- 801
- 8112
- 1456
- 1986
- 53217
- 117
- 1261
- 4095
- 7632
- 55566
- 210
- 20835
- 25925
- 1650
- 55000
- 43904
- 39366
- 12167
- 19683
- 25531
- 1248
- 8784
- 73
- 69
- 57661
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