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 ₹30100 at 10% per year for 2 years (in ₹)?
- 2.Find the amount when ₹22500 is invested at 8% per year compound interest for 2 years (in ₹).
- 3.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹30600 at 10% per year for 2 years (in ₹)?
- 5.Find the compound interest on ₹17200 at 15% per year for 2 years, added every year (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹13600 at 5% per year for 2 years (in ₹)?
- 7.Find the compound interest on ₹43125 at 4% per year for 2 years, added every year (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹40000 at 15% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹15000 at 8% per year for 2 years, added every year (in ₹).
- 11.Find the compound interest on ₹40000 at 15% per year for 2 years, added every year (in ₹).
- 12.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 13.Find the amount when ₹17100 is invested at 10% per year compound interest for 2 years (in ₹).
- 14.Find the amount when ₹18400 is invested at 10% per year compound interest for 2 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹32400 at 10% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹41400 at 10% per year for 2 years (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹26400 at 5% 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 ₹43125 is invested at 12% per year compound interest for 2 years (in ₹).
- 20.Find the amount when ₹3125 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 ₹20800 at 25% per year for 2 years (in ₹)?
- 22.Find the amount when ₹7500 is invested at 4% per year compound interest for 2 years (in ₹).
- 23.Find the amount when ₹28600 is invested at 20% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 25.Find the amount when ₹42400 is invested at 5% per year compound interest for 2 years (in ₹).
- 26.Find the compound interest on ₹13125 at 4% per year for 2 years, added every year (in ₹).
- 27.Find the amount when ₹28700 is invested at 10% per year compound interest for 2 years (in ₹).
- 28.Find the amount when ₹29800 is invested at 10% per year compound interest for 2 years (in ₹).
- 29.Find the amount when ₹44100 is invested at 10% per year compound interest for 2 years (in ₹).
- 30.Find the compound interest on ₹46200 at 10% per year for 2 years, added every year (in ₹).
- 31.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹10800 at 15% per year for 2 years (in ₹)?
- 33.Find the compound interest on ₹41250 at 4% per year for 2 years, added every year (in ₹).
- 34.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹44000 at 20% per year for 3 years, added every year (in ₹).
- 37.Find the amount when ₹24800 is invested at 5% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹5000 is invested at 8% per year compound interest for 2 years (in ₹).
- 39.Find the compound interest on ₹31000 at 10% per year for 3 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹22400 at 5% per year for 2 years (in ₹)?
Answer key
- 301
- 26244
- 1261
- 306
- 5547
- 34
- 3519
- 900
- 112
- 2496
- 12900
- 39366
- 20691
- 22264
- 324
- 414
- 66
- 6305
- 54096
- 3645
- 1300
- 8112
- 41184
- 46305
- 46746
- 1071
- 34727
- 36058
- 53361
- 9702
- 9261
- 243
- 3366
- 5044
- 216
- 32032
- 27342
- 5832
- 10261
- 56
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