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 ₹5000 at 8% per year for 2 years (in ₹)?
- 2.Find the amount when ₹43125 is invested at 8% per year compound interest for 2 years (in ₹).
- 3.Find the compound interest on ₹41300 at 10% per year for 2 years, added every year (in ₹).
- 4.Find the amount when ₹47232 is invested at 25% per year compound interest for 3 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹6600 at 10% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹42875 at 20% per year for 2 years, added every year (in ₹).
- 7.Find the amount when ₹22500 is invested at 4% per year compound interest for 2 years (in ₹).
- 8.Find the compound interest on ₹36875 at 8% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹4800 at 15% per year for 2 years (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹12400 at 10% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹15200 at 25% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹43300 at 10% per year for 2 years, added every year (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹28400 at 15% per year for 2 years (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹12500 at 20% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹8000 at 25% per year for 2 years (in ₹)?
- 19.Find the compound interest on ₹3200 at 5% per year for 2 years, added every year (in ₹).
- 20.Find the compound interest on ₹10625 at 4% per year for 2 years, added every year (in ₹).
- 21.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹39500 at 10% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹7200 at 5% per year for 2 years, added every year (in ₹).
- 24.Find the compound interest on ₹7000 at 10% per year for 3 years, added every year (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹50000 at 12% per year for 2 years (in ₹)?
- 27.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹10000 at 12% per year for 2 years, added every year (in ₹).
- 29.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 30.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹32500 at 12% per year for 2 years (in ₹)?
- 32.Find the amount when ₹11875 is invested at 4% per year compound interest for 2 years (in ₹).
- 33.Find the amount when ₹1900 is invested at 10% per year compound interest for 2 years (in ₹).
- 34.Find the amount when ₹3750 is invested at 4% per year compound interest for 2 years (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹12400 at 5% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹38000 at 20% per year for 2 years, added every year (in ₹).
- 37.Find the compound interest on ₹45600 at 5% per year for 2 years, added every year (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹38800 at 5% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹300 at 10% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
Answer key
- 32
- 50301
- 8673
- 92250
- 66
- 18865
- 24336
- 6136
- 108
- 144
- 124
- 950
- 9093
- 144
- 12
- 639
- 500
- 500
- 328
- 867
- 12167
- 395
- 738
- 2317
- 52
- 720
- 360
- 2544
- 59049
- 8116
- 468
- 12844
- 2299
- 4056
- 31
- 16720
- 4674
- 97
- 3
- 224
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