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 ₹29300 at 10% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
- 3.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹5100 at 10% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹16000 at 5% per year for 2 years (in ₹)?
- 6.Find the amount when ₹44200 is invested at 10% per year compound interest for 2 years (in ₹).
- 7.Find the compound interest on ₹31375 at 20% per year for 3 years, added every year (in ₹).
- 8.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 9.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 10.Find the amount when ₹3584 is invested at 25% per year compound interest for 3 years (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 13.Find the amount when ₹26125 is invested at 20% per year compound interest for 3 years (in ₹).
- 14.Find the compound interest on ₹39400 at 20% per year for 2 years, added every year (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹46000 at 25% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 17.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 18.Find the compound interest on ₹5000 at 12% per year for 2 years, added every year (in ₹).
- 19.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹31200 at 15% per year for 2 years (in ₹)?
- 21.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 22.Find the compound interest on ₹30525 at 20% per year for 2 years, added every year (in ₹).
- 23.Find the compound interest on ₹43450 at 20% per year for 2 years, added every year (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹42400 at 20% per year for 2 years (in ₹)?
- 25.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹10625 at 8% per year for 2 years, added every year (in ₹).
- 27.Find the compound interest on ₹30000 at 10% per year for 3 years, added every year (in ₹).
- 28.Find the compound interest on ₹13125 at 20% per year for 3 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹21200 at 25% per year for 2 years (in ₹)?
- 30.What is the difference between the compound interest and the simple interest on ₹5600 at 15% per year for 2 years (in ₹)?
- 31.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹36250 is invested at 4% per year compound interest for 2 years (in ₹).
- 33.Find the compound interest on ₹23275 at 20% per year for 2 years, added every year (in ₹).
- 34.Find the amount when ₹47392 is invested at 25% per year compound interest for 2 years (in ₹).
- 35.Find the amount when ₹14000 is invested at 20% per year compound interest for 3 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹38400 at 5% per year for 2 years (in ₹)?
- 37.Find the compound interest on ₹7500 at 4% per year for 2 years, added every year (in ₹).
- 38.Find the compound interest on ₹25550 at 20% per year for 2 years, added every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹30800 at 15% per year for 2 years (in ₹)?
Answer key
- 293
- 5044
- 4058
- 51
- 40
- 53482
- 22841
- 37044
- 12174
- 7000
- 60
- 3902
- 45144
- 17336
- 2875
- 12501
- 4167
- 1272
- 2522
- 702
- 36
- 13431
- 19118
- 1696
- 304
- 1768
- 9930
- 9555
- 1325
- 126
- 17576
- 39208
- 10241
- 74050
- 24192
- 96
- 612
- 11242
- 52
- 693
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