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 ₹22500 at 8% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹48200 at 20% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹39500 at 20% per year for 3 years, added every year (in ₹).
- 4.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹16800 at 15% per year for 2 years (in ₹)?
- 6.What is the difference between the compound interest and the simple interest on ₹40000 at 4% per year for 2 years (in ₹)?
- 7.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 8.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹10800 at 25% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹48750 at 12% per year for 2 years, added every year (in ₹).
- 11.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 12.Find the compound interest on ₹40512 at 25% per year for 2 years, added every year (in ₹).
- 13.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 14.Find the compound interest on ₹14375 at 4% per year for 2 years, added every year (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
- 16.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹22600 at 10% per year for 2 years (in ₹)?
- 18.Find the amount when ₹35625 is invested at 8% per year compound interest for 2 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹1600 at 25% per year for 2 years (in ₹)?
- 21.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
- 22.Find the compound interest on ₹46992 at 25% per year for 2 years, added every year (in ₹).
- 23.Find the amount when ₹21700 is invested at 10% per year compound interest for 2 years (in ₹).
- 24.Find the compound interest on ₹28700 at 10% per year for 2 years, added every year (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹12800 at 5% per year for 2 years (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹16400 at 15% per year for 2 years (in ₹)?
- 27.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
- 28.What is the difference between the compound interest and the simple interest on ₹5100 at 20% per year for 2 years (in ₹)?
- 29.Find the amount when ₹18800 is invested at 5% per year compound interest for 2 years (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹20200 at 20% per year for 2 years (in ₹)?
- 31.Find the amount when ₹27000 is invested at 20% per year compound interest for 3 years (in ₹).
- 32.Find the compound interest on ₹15600 at 15% per year for 2 years, added every year (in ₹).
- 33.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 34.Find the amount when ₹40000 is invested at 15% per year compound interest for 2 years (in ₹).
- 35.Find the compound interest on ₹49900 at 10% per year for 2 years, added every year (in ₹).
- 36.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹24200 at 10% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹17600 at 25% per year for 2 years (in ₹)?
- 39.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 40.Find the amount when ₹19000 is invested at 10% per year compound interest for 3 years (in ₹).
Answer key
- 144
- 1928
- 28756
- 5044
- 378
- 64
- 43904
- 21952
- 675
- 12402
- 52728
- 22788
- 12654
- 1173
- 72
- 12167
- 226
- 41553
- 24
- 100
- 112
- 26433
- 26257
- 6027
- 32
- 369
- 216
- 204
- 20727
- 808
- 46656
- 5031
- 24334
- 52900
- 10479
- 1261
- 242
- 1100
- 4058
- 25289
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