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 ₹20100 at 20% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹20500 at 10% per year for 2 years (in ₹)?
- 3.Find the amount when ₹2000 is invested at 5% per year compound interest for 2 years (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹6800 at 5% per year for 2 years (in ₹)?
- 5.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
- 7.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹27500 at 8% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹26900 at 10% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹22400 at 5% per year for 2 years, added every year (in ₹).
- 11.Find the amount when ₹31600 is invested at 25% per year compound interest for 2 years (in ₹).
- 12.Find the amount when ₹4000 is invested at 10% per year compound interest for 3 years (in ₹).
- 13.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹17100 at 20% per year for 2 years (in ₹)?
- 15.Find the amount when ₹7200 is invested at 15% per year compound interest for 2 years (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹42400 at 15% per year for 2 years (in ₹)?
- 17.Find the compound interest on ₹40528 at 25% per year for 2 years, added every year (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹40000 at 4% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹800 at 15% per year for 2 years (in ₹)?
- 20.Find the amount when ₹25750 is invested at 20% per year compound interest for 3 years (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
- 22.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 23.Find the compound interest on ₹19200 at 15% per year for 2 years, added every year (in ₹).
- 24.Find the compound interest on ₹16000 at 10% per year for 3 years, added every year (in ₹).
- 25.Find the compound interest on ₹33750 at 8% per year for 2 years, added every year (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹48800 at 5% per year for 2 years (in ₹)?
- 27.Find the amount when ₹18944 is invested at 25% per year compound interest for 3 years (in ₹).
- 28.Find the compound interest on ₹11250 at 4% per year for 2 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹23600 at 25% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹28000 at 10% per year for 2 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹33600 at 15% per year for 2 years (in ₹)?
- 32.Find the amount when ₹35125 is invested at 20% per year compound interest for 2 years (in ₹).
- 33.Find the compound interest on ₹13100 at 20% per year for 2 years, added every year (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹8800 at 5% per year for 2 years (in ₹)?
- 35.Find the compound interest on ₹16250 at 8% per year for 2 years, added every year (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹48300 at 10% per year for 2 years (in ₹)?
- 37.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
- 38.Find the amount when ₹11250 is invested at 8% per year compound interest for 2 years (in ₹).
- 39.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 40.Find the amount when ₹46800 is invested at 15% per year compound interest for 2 years (in ₹).
Answer key
- 804
- 205
- 2205
- 17
- 1951
- 108
- 35152
- 176
- 269
- 2296
- 49375
- 5324
- 3902
- 684
- 9522
- 954
- 22797
- 64
- 18
- 44496
- 240
- 59049
- 6192
- 5296
- 5616
- 122
- 37000
- 918
- 1475
- 5880
- 756
- 50580
- 5764
- 22
- 2704
- 483
- 48668
- 13122
- 9261
- 61893
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