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 ₹15000 at 4% per year for 2 years (in ₹)?
- 2.Find the amount when ₹12650 is invested at 20% per year compound interest for 2 years (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹34000 at 10% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹46000 at 10% per year for 3 years, added every year (in ₹).
- 5.Find the compound interest on ₹43200 at 10% per year for 2 years, added every year (in ₹).
- 6.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 7.Find the compound interest on ₹5625 at 12% per year for 2 years, added every year (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹35900 at 20% per year for 2 years (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹42100 at 10% per year for 2 years (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹16200 at 10% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹20000 at 25% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 14.Find the compound interest on ₹10800 at 15% per year for 2 years, added every year (in ₹).
- 15.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 16.Find the compound interest on ₹2750 at 20% per year for 3 years, added every year (in ₹).
- 17.Find the amount when ₹24192 is invested at 25% per year compound interest for 3 years (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹34100 at 10% per year for 2 years (in ₹)?
- 19.Find the compound interest on ₹48125 at 20% per year for 3 years, added every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹7400 at 20% per year for 2 years (in ₹)?
- 21.Find the compound interest on ₹46975 at 20% per year for 2 years, added every year (in ₹).
- 22.Find the amount when ₹23600 is invested at 15% per year compound interest for 2 years (in ₹).
- 23.Find the amount when ₹2000 is invested at 15% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹16000 is invested at 20% per year compound interest for 3 years (in ₹).
- 25.Find the compound interest on ₹450 at 20% per year for 2 years, added every year (in ₹).
- 26.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 27.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹24000 at 20% per year for 2 years (in ₹)?
- 29.Find the amount when ₹26784 is invested at 25% per year compound interest for 2 years (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
- 31.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹15600 is invested at 15% per year compound interest for 2 years (in ₹).
- 33.Find the compound interest on ₹28800 at 5% per year for 2 years, added every year (in ₹).
- 34.Find the compound interest on ₹18125 at 4% per year for 2 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹42600 at 10% per year for 2 years (in ₹)?
- 36.Find the amount when ₹3264 is invested at 25% per year compound interest for 3 years (in ₹).
- 37.Find the amount when ₹10000 is invested at 8% per year compound interest for 2 years (in ₹).
- 38.Find the compound interest on ₹19250 at 20% per year for 3 years, added every year (in ₹).
- 39.Find the compound interest on ₹39808 at 25% per year for 3 years, added every year (in ₹).
- 40.Find the compound interest on ₹21040 at 25% per year for 2 years, added every year (in ₹).
Answer key
- 24
- 18216
- 340
- 15226
- 9072
- 27783
- 1431
- 80
- 1436
- 421
- 162
- 1250
- 7566
- 3483
- 25002
- 2002
- 47250
- 341
- 35035
- 296
- 20669
- 31211
- 2645
- 27648
- 198
- 2522
- 12174
- 960
- 41850
- 160
- 52728
- 20631
- 2952
- 1479
- 426
- 6375
- 11664
- 14014
- 37942
- 11835
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