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 ₹36400 at 5% per year for 2 years (in ₹)?
- 2.Find the amount when ₹3125 is invested at 20% per year compound interest for 3 years (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹46000 at 15% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹7400 at 10% per year for 2 years, added every year (in ₹).
- 5.Find the compound interest on ₹23000 at 20% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
- 7.Find the amount when ₹44375 is invested at 8% per year compound interest for 2 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹8400 at 10% per year for 2 years (in ₹)?
- 10.Find the amount when ₹2000 is invested at 5% per year compound interest for 2 years (in ₹).
- 11.Find the compound interest on ₹6656 at 25% per year for 3 years, added every year (in ₹).
- 12.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 13.Find the compound interest on ₹23125 at 8% per year for 2 years, added every year (in ₹).
- 14.Find the amount when ₹37500 is invested at 4% per year compound interest for 2 years (in ₹).
- 15.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹39200 at 5% per year for 2 years (in ₹)?
- 17.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹26800 at 25% per year for 2 years (in ₹)?
- 20.Find the amount when ₹24272 is invested at 25% per year compound interest for 2 years (in ₹).
- 21.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹24800 at 5% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹22400 at 5% per year for 2 years (in ₹)?
- 25.Find the amount when ₹1875 is invested at 20% per year compound interest for 2 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹8400 at 25% per year for 2 years (in ₹)?
- 27.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?
- 28.Find the amount when ₹45200 is invested at 10% per year compound interest for 2 years (in ₹).
- 29.Find the compound interest on ₹13125 at 12% per year for 2 years, added every year (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹46200 at 20% per year for 2 years (in ₹)?
- 31.Find the amount when ₹34250 is invested at 20% per year compound interest for 3 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹30000 at 12% per year for 2 years (in ₹)?
- 33.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹44700 at 10% per year for 2 years (in ₹)?
- 35.Find the amount when ₹33472 is invested at 25% per year compound interest for 3 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹30000 at 8% per year for 2 years (in ₹)?
- 37.Find the amount when ₹2400 is invested at 5% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹22500 is invested at 8% per year compound interest for 2 years (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
- 40.Find the amount when ₹45000 is invested at 10% per year compound interest for 3 years (in ₹).
Answer key
- 91
- 5400
- 1035
- 1554
- 16744
- 73002
- 51759
- 576
- 84
- 2205
- 6344
- 7566
- 3848
- 40560
- 12174
- 98
- 1261
- 320
- 1675
- 37925
- 17576
- 62
- 5044
- 56
- 2700
- 525
- 504
- 54692
- 3339
- 1848
- 59184
- 432
- 8116
- 447
- 65375
- 192
- 2646
- 26244
- 32
- 59895
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