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 ₹15200 at 25% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹12500 at 20% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹32500 at 10% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
- 5.Find the amount when ₹23875 is invested at 20% per year compound interest for 2 years (in ₹).
- 6.Find the compound interest on ₹48128 at 25% per year for 2 years, added every year (in ₹).
- 7.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 8.Find the compound interest on ₹39375 at 4% per year for 2 years, added every year (in ₹).
- 9.Find the amount when ₹15000 is invested at 20% per year compound interest for 3 years (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
- 11.Find the amount when ₹18800 is invested at 5% per year compound interest for 2 years (in ₹).
- 12.Find the compound interest on ₹38816 at 25% per year for 2 years, added every year (in ₹).
- 13.Find the compound interest on ₹16250 at 4% per year for 2 years, added every year (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹3600 at 25% per year for 2 years (in ₹)?
- 15.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 16.Find the compound interest on ₹44375 at 4% per year for 2 years, added every year (in ₹).
- 17.Find the compound interest on ₹45200 at 15% per year for 2 years, added every year (in ₹).
- 18.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 19.Find the amount when ₹45625 is invested at 8% per year compound interest for 2 years (in ₹).
- 20.Find the amount when ₹24500 is invested at 20% per year compound interest for 3 years (in ₹).
- 21.Find the compound interest on ₹20288 at 25% per year for 2 years, added every year (in ₹).
- 22.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 23.Find the amount when ₹42400 is invested at 10% per year compound interest for 2 years (in ₹).
- 24.Find the compound interest on ₹38125 at 8% per year for 2 years, added every year (in ₹).
- 25.Find the compound interest on ₹17600 at 15% per year for 2 years, added every year (in ₹).
- 26.Find the compound interest on ₹12250 at 20% per year for 2 years, added every year (in ₹).
- 27.Find the compound interest on ₹4625 at 20% per year for 3 years, added every year (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
- 29.Find the amount when ₹41152 is invested at 25% per year compound interest for 3 years (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹26400 at 15% per year for 2 years (in ₹)?
- 31.Find the amount when ₹40000 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 ₹37800 at 10% per year for 2 years (in ₹)?
- 33.What is the difference between the compound interest and the simple interest on ₹29200 at 20% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹8125 at 4% per year for 2 years, added every year (in ₹).
- 35.Find the amount when ₹38125 is invested at 8% per year compound interest for 2 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹23600 at 5% per year for 2 years (in ₹)?
- 37.What is the difference between the compound interest and the simple interest on ₹28400 at 20% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹23024 at 25% per year for 2 years, added every year (in ₹).
- 39.Find the amount when ₹21100 is invested at 10% per year compound interest for 2 years (in ₹).
- 40.Find the amount when ₹29000 is invested at 10% per year compound interest for 3 years (in ₹).
Answer key
- 950
- 500
- 325
- 3783
- 34380
- 27072
- 12501
- 3213
- 25920
- 96
- 20727
- 21834
- 1326
- 225
- 35152
- 3621
- 14577
- 3902
- 53217
- 42336
- 11412
- 59049
- 51304
- 6344
- 5676
- 5390
- 3367
- 256
- 80375
- 594
- 46305
- 378
- 1168
- 663
- 44469
- 59
- 1136
- 12951
- 25531
- 38599
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