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 ₹34600 at 10% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹625 at 12% per year for 2 years, added every year (in ₹).
- 4.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 5.Find the amount when ₹35000 is invested at 4% per year compound interest for 2 years (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹35200 at 15% per year for 2 years (in ₹)?
- 7.What is the difference between the compound interest and the simple interest on ₹12500 at 4% per year for 2 years (in ₹)?
- 8.Find the compound interest on ₹17500 at 20% per year for 3 years, added every year (in ₹).
- 9.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 10.Find the compound interest on ₹14592 at 25% per year for 3 years, added every year (in ₹).
- 11.Find the amount when ₹26000 is invested at 10% per year compound interest for 3 years (in ₹).
- 12.Find the compound interest on ₹28100 at 10% per year for 2 years, added every year (in ₹).
- 13.Find the amount when ₹7744 is invested at 25% per year compound interest for 3 years (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹18400 at 15% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹18000 at 15% per year for 2 years, added every year (in ₹).
- 16.Find the amount when ₹17408 is invested at 25% per year compound interest for 3 years (in ₹).
- 17.Find the amount when ₹29728 is invested at 25% per year compound interest for 2 years (in ₹).
- 18.Find the amount when ₹34800 is invested at 5% per year compound interest for 2 years (in ₹).
- 19.Find the compound interest on ₹38352 at 25% per year for 2 years, added every year (in ₹).
- 20.Find the amount when ₹31875 is invested at 4% per year compound interest for 2 years (in ₹).
- 21.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹23900 at 20% per year for 2 years (in ₹)?
- 23.Find the amount when ₹18375 is invested at 20% per year compound interest for 3 years (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 25.Find the compound interest on ₹10000 at 5% per year for 2 years, added every year (in ₹).
- 26.Find the compound interest on ₹48125 at 8% per year for 2 years, added every year (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹18800 at 10% per year for 2 years (in ₹)?
- 28.What is the difference between the compound interest and the simple interest on ₹37200 at 10% per year for 2 years (in ₹)?
- 29.Find the compound interest on ₹10000 at 4% per year for 2 years, added every year (in ₹).
- 30.Find the amount when ₹14288 is invested at 25% per year compound interest for 2 years (in ₹).
- 31.Find the compound interest on ₹23125 at 8% per year for 2 years, added every year (in ₹).
- 32.Find the compound interest on ₹20000 at 4% per year for 2 years, added every year (in ₹).
- 33.Find the compound interest on ₹49200 at 5% per year for 2 years, added every year (in ₹).
- 34.Find the amount when ₹12000 is invested at 10% per year compound interest for 3 years (in ₹).
- 35.Find the amount when ₹32500 is invested at 4% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹16672 is invested at 25% per year compound interest for 2 years (in ₹).
- 37.Find the compound interest on ₹49375 at 12% per year for 2 years, added every year (in ₹).
- 38.Find the amount when ₹4875 is invested at 20% per year compound interest for 3 years (in ₹).
- 39.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 40.Find the compound interest on ₹48000 at 10% per year for 3 years, added every year (in ₹).
Answer key
- 346
- 272
- 159
- 59049
- 37856
- 792
- 20
- 12740
- 35152
- 13908
- 34606
- 5901
- 15125
- 414
- 5805
- 34000
- 46450
- 38367
- 21573
- 34476
- 8116
- 956
- 31752
- 48
- 1025
- 8008
- 188
- 372
- 816
- 22325
- 3848
- 1632
- 5043
- 15972
- 35152
- 26050
- 12561
- 8424
- 55566
- 15888
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