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 ₹20000 at 4% per year for 2 years (in ₹)?
- 2.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 3.Find the compound interest on ₹28832 at 25% per year for 2 years, added every year (in ₹).
- 4.Find the compound interest on ₹28100 at 20% per year for 2 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹18800 at 15% per year for 2 years (in ₹)?
- 6.What is the difference between the compound interest and the simple interest on ₹30000 at 8% per year for 2 years (in ₹)?
- 7.What is the difference between the compound interest and the simple interest on ₹13500 at 20% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹28900 at 20% per year for 2 years (in ₹)?
- 9.Find the compound interest on ₹36875 at 12% per year for 2 years, added every year (in ₹).
- 10.Find the compound interest on ₹44000 at 10% per year for 3 years, added every year (in ₹).
- 11.Find the amount when ₹16000 is invested at 5% per year compound interest for 2 years (in ₹).
- 12.Find the amount when ₹23750 is invested at 8% per year compound interest for 2 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
- 14.What is the difference between the compound interest and the simple interest on ₹13200 at 10% per year for 2 years (in ₹)?
- 15.Find the amount when ₹13600 is invested at 10% per year compound interest for 2 years (in ₹).
- 16.Find the compound interest on ₹43216 at 25% per year for 2 years, added every year (in ₹).
- 17.Find the amount when ₹26250 is invested at 12% per year compound interest for 2 years (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹27600 at 25% per year for 2 years (in ₹)?
- 19.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹20800 at 25% per year for 2 years (in ₹)?
- 21.Find the amount when ₹35625 is invested at 4% per year compound interest for 2 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
- 23.Find the amount when ₹9792 is invested at 25% per year compound interest for 3 years (in ₹).
- 24.Find the compound interest on ₹19375 at 8% per year for 2 years, added every year (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
- 26.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
- 27.Find the amount when ₹41700 is invested at 10% per year compound interest for 2 years (in ₹).
- 28.Find the amount when ₹14400 is invested at 5% per year compound interest for 2 years (in ₹).
- 29.Find the amount when ₹42800 is invested at 15% per year compound interest for 2 years (in ₹).
- 30.Find the amount when ₹29200 is invested at 5% per year compound interest for 2 years (in ₹).
- 31.Find the compound interest on ₹25000 at 10% per year for 3 years, added every year (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹40400 at 20% per year for 2 years (in ₹)?
- 33.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹4864 at 25% per year for 3 years, added every year (in ₹).
- 35.Find the compound interest on ₹45000 at 4% per year for 2 years, added every year (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹31400 at 10% per year for 2 years (in ₹)?
- 37.Find the amount when ₹3125 is invested at 20% per year compound interest for 3 years (in ₹).
- 38.Find the amount when ₹47300 is invested at 10% per year compound interest for 2 years (in ₹).
- 39.Find the amount when ₹34400 is invested at 15% per year compound interest for 2 years (in ₹).
- 40.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
Answer key
- 32
- 18522
- 16218
- 12364
- 423
- 192
- 540
- 1156
- 9381
- 14564
- 17640
- 27702
- 32
- 132
- 16456
- 24309
- 32928
- 1725
- 3902
- 1300
- 38532
- 320
- 19125
- 3224
- 60
- 60835
- 50457
- 15876
- 56603
- 32193
- 8275
- 1616
- 8
- 4636
- 3672
- 314
- 5400
- 57233
- 45494
- 59049
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