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 ₹47200 at 10% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹9600 at 15% per year for 2 years (in ₹)?
- 3.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 4.Find the amount when ₹40400 is invested at 5% per year compound interest for 2 years (in ₹).
- 5.Find the compound interest on ₹23488 at 25% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 7.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 8.Find the compound interest on ₹22500 at 4% per year for 2 years, added every year (in ₹).
- 9.Find the compound interest on ₹38000 at 5% per year for 2 years, added every year (in ₹).
- 10.Find the compound interest on ₹5600 at 5% per year for 2 years, added every year (in ₹).
- 11.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 12.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
- 13.Find the compound interest on ₹4800 at 5% per year for 2 years, added every year (in ₹).
- 14.Find the amount when ₹22000 is invested at 5% per year compound interest for 2 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹12400 at 5% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹8750 at 4% per year for 2 years, added every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹4800 at 5% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹39920 at 25% per year for 2 years, added every year (in ₹).
- 19.Find the amount when ₹45952 is invested at 25% per year compound interest for 3 years (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹4000 at 5% per year for 2 years (in ₹)?
- 21.What is the difference between the compound interest and the simple interest on ₹9000 at 10% per year for 2 years (in ₹)?
- 22.What is the difference between the compound interest and the simple interest on ₹36300 at 10% per year for 2 years (in ₹)?
- 23.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
- 24.Find the compound interest on ₹21900 at 10% per year for 2 years, added every year (in ₹).
- 25.Find the compound interest on ₹27808 at 25% per year for 2 years, added every year (in ₹).
- 26.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 27.Find the amount when ₹16000 is invested at 15% per year compound interest for 2 years (in ₹).
- 28.Find the compound interest on ₹28750 at 4% per year for 2 years, added every year (in ₹).
- 29.Find the compound interest on ₹26000 at 10% per year for 3 years, added every year (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹3200 at 5% per year for 2 years (in ₹)?
- 31.What is the difference between the compound interest and the simple interest on ₹25400 at 20% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 33.Find the compound interest on ₹28288 at 25% per year for 3 years, added every year (in ₹).
- 34.Find the compound interest on ₹13440 at 25% per year for 3 years, added every year (in ₹).
- 35.Find the compound interest on ₹33200 at 5% per year for 2 years, added every year (in ₹).
- 36.Find the amount when ₹17625 is invested at 20% per year compound interest for 3 years (in ₹).
- 37.Find the amount when ₹14016 is invested at 25% per year compound interest for 3 years (in ₹).
- 38.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 39.Find the compound interest on ₹8400 at 5% per year for 2 years, added every year (in ₹).
- 40.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
Answer key
- 472
- 216
- 18522
- 44541
- 22387
- 55566
- 19683
- 1836
- 3895
- 574
- 18981
- 48668
- 492
- 24255
- 31
- 714
- 12
- 22455
- 89750
- 10
- 90
- 363
- 576
- 4599
- 15642
- 25002
- 21160
- 2346
- 8606
- 8
- 1016
- 6327
- 26962
- 12810
- 3403
- 30456
- 27375
- 46305
- 861
- 17576
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