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 ₹5300 at 10% per year for 2 years (in ₹)?
- 2.Find the amount when ₹21875 is invested at 4% per year compound interest for 2 years (in ₹).
- 3.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 4.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹14100 at 20% per year for 2 years (in ₹)?
- 6.Find the amount when ₹36250 is invested at 12% per year compound interest for 2 years (in ₹).
- 7.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹19900 at 10% per year for 2 years (in ₹)?
- 9.Find the compound interest on ₹29056 at 25% per year for 3 years, added every year (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹20000 at 12% per year for 2 years (in ₹)?
- 11.Find the amount when ₹28400 is invested at 15% per year compound interest for 2 years (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹33600 at 5% per year for 2 years (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
- 14.Find the amount when ₹17000 is invested at 10% per year compound interest for 3 years (in ₹).
- 15.Find the amount when ₹40000 is invested at 4% per year compound interest for 2 years (in ₹).
- 16.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 17.Find the amount when ₹20625 is invested at 8% per year compound interest for 2 years (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
- 19.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 20.Find the amount when ₹33750 is invested at 4% per year compound interest for 2 years (in ₹).
- 21.Find the compound interest on ₹23888 at 25% per year for 2 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹34200 at 20% per year for 2 years (in ₹)?
- 23.Find the amount when ₹38400 is invested at 5% per year compound interest for 2 years (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹10800 at 25% per year for 2 years (in ₹)?
- 25.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 26.Find the compound interest on ₹6656 at 25% per year for 3 years, added every year (in ₹).
- 27.Find the amount when ₹38125 is invested at 20% per year compound interest for 3 years (in ₹).
- 28.Find the compound interest on ₹30400 at 5% per year for 2 years, added every year (in ₹).
- 29.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹35800 at 20% per year for 2 years (in ₹)?
- 31.Find the compound interest on ₹39375 at 8% per year for 2 years, added every year (in ₹).
- 32.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 33.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
- 34.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 35.Find the amount when ₹29275 is invested at 20% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹4000 is invested at 20% per year compound interest for 2 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
- 38.Find the amount when ₹30400 is invested at 5% per year compound interest for 2 years (in ₹).
- 39.Find the compound interest on ₹44675 at 20% per year for 2 years, added every year (in ₹).
- 40.Find the compound interest on ₹27125 at 20% per year for 3 years, added every year (in ₹).
Answer key
- 53
- 23660
- 21952
- 5853
- 564
- 45472
- 25002
- 199
- 27694
- 288
- 37559
- 84
- 24
- 22627
- 43264
- 65856
- 24057
- 256
- 35152
- 36504
- 13437
- 1368
- 42336
- 675
- 36501
- 6344
- 65880
- 3116
- 12174
- 1432
- 6552
- 4058
- 12167
- 4167
- 42156
- 5760
- 28
- 33516
- 19657
- 19747
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