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.
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- 1.What is the difference between the compound interest and the simple interest on ₹32000 at 5% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹48400 at 20% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹22400 at 5% per year for 2 years (in ₹)?
- 4.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
- 5.Find the compound interest on ₹42500 at 8% per year for 2 years, added every year (in ₹).
- 6.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 7.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 8.Find the compound interest on ₹9808 at 25% per year for 2 years, added every year (in ₹).
- 9.Find the compound interest on ₹20032 at 25% per year for 2 years, added every year (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹42500 at 4% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹34400 at 10% per year for 2 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹25700 at 10% per year for 2 years (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹41500 at 10% per year for 2 years (in ₹)?
- 14.What is the difference between the compound interest and the simple interest on ₹1600 at 5% per year for 2 years (in ₹)?
- 15.Find the amount when ₹30500 is invested at 10% per year compound interest for 2 years (in ₹).
- 16.Find the amount when ₹22900 is invested at 10% per year compound interest for 2 years (in ₹).
- 17.Find the compound interest on ₹20400 at 5% per year for 2 years, added every year (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹21600 at 25% per year for 2 years (in ₹)?
- 19.Find the amount when ₹6400 is invested at 10% per year compound interest for 2 years (in ₹).
- 20.Find the compound interest on ₹44000 at 5% per year for 2 years, added every year (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
- 22.What is the difference between the compound interest and the simple interest on ₹46800 at 15% per year for 2 years (in ₹)?
- 23.Find the amount when ₹41700 is invested at 20% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹32500 is invested at 4% per year compound interest for 2 years (in ₹).
- 25.Find the amount when ₹17856 is invested at 25% per year compound interest for 3 years (in ₹).
- 26.Find the amount when ₹46800 is invested at 5% per year compound interest for 2 years (in ₹).
- 27.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹2400 at 25% per year for 2 years (in ₹)?
- 29.Find the compound interest on ₹44375 at 12% per year for 2 years, added every year (in ₹).
- 30.Find the amount when ₹49680 is invested at 25% per year compound interest for 2 years (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹47700 at 10% per year for 2 years (in ₹)?
- 32.Find the amount when ₹30000 is invested at 10% per year compound interest for 3 years (in ₹).
- 33.Find the compound interest on ₹32400 at 15% per year for 2 years, added every year (in ₹).
- 34.Find the compound interest on ₹14144 at 25% per year for 3 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹13600 at 15% per year for 2 years (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 37.Find the amount when ₹4825 is invested at 20% per year compound interest for 2 years (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹42400 at 10% per year for 2 years (in ₹)?
- 40.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
Answer key
- 80
- 1936
- 56
- 240
- 7072
- 4167
- 3902
- 5517
- 11268
- 68
- 7224
- 257
- 415
- 4
- 36905
- 27709
- 2091
- 1350
- 7744
- 4510
- 32
- 1053
- 60048
- 35152
- 34875
- 51597
- 65856
- 150
- 11289
- 77625
- 477
- 39930
- 10449
- 13481
- 306
- 8
- 6948
- 320
- 424
- 4058
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