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 ₹21200 at 5% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹49600 at 15% per year for 2 years (in ₹)?
- 4.Find the amount when ₹40625 is invested at 8% per year compound interest for 2 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹36000 at 15% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹10625 at 8% per year for 2 years, added every year (in ₹).
- 7.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 8.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
- 10.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 11.Find the compound interest on ₹18700 at 20% per year for 2 years, added every year (in ₹).
- 12.Find the amount when ₹19375 is invested at 8% per year compound interest for 2 years (in ₹).
- 13.Find the amount when ₹28125 is invested at 8% per year compound interest for 2 years (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹35600 at 10% per year for 2 years (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹7400 at 10% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹32500 at 8% per year for 2 years (in ₹)?
- 17.Find the amount when ₹14375 is invested at 12% per year compound interest for 2 years (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹18400 at 5% per year for 2 years (in ₹)?
- 19.Find the amount when ₹20064 is invested at 25% per year compound interest for 2 years (in ₹).
- 20.Find the compound interest on ₹21200 at 15% per year for 2 years, added every year (in ₹).
- 21.Find the compound interest on ₹14416 at 25% per year for 2 years, added every year (in ₹).
- 22.Find the amount when ₹30625 is invested at 12% per year compound interest for 2 years (in ₹).
- 23.Find the compound interest on ₹22976 at 25% per year for 3 years, added every year (in ₹).
- 24.Find the amount when ₹41600 is invested at 25% per year compound interest for 3 years (in ₹).
- 25.Find the amount when ₹1875 is invested at 4% per year compound interest for 2 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹47200 at 25% per year for 2 years (in ₹)?
- 27.Find the amount when ₹27500 is invested at 8% per year compound interest for 2 years (in ₹).
- 28.Find the amount when ₹12500 is invested at 12% per year compound interest for 2 years (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹4900 at 10% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹12400 at 5% per year for 2 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹6800 at 25% per year for 2 years (in ₹)?
- 32.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
- 34.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 35.Find the amount when ₹5300 is invested at 10% per year compound interest for 2 years (in ₹).
- 36.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 37.Find the compound interest on ₹49375 at 4% per year for 2 years, added every year (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹30000 at 8% per year for 2 years (in ₹)?
- 39.Find the compound interest on ₹4750 at 20% per year for 3 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹28800 at 5% per year for 2 years (in ₹)?
Answer key
- 53
- 52
- 1116
- 47385
- 810
- 1768
- 19683
- 12654
- 216
- 59049
- 8228
- 22599
- 32805
- 356
- 74
- 208
- 18032
- 46
- 31350
- 6837
- 8109
- 38416
- 21899
- 81250
- 2028
- 2950
- 32076
- 15680
- 49
- 1271
- 425
- 43904
- 108
- 65856
- 6413
- 8116
- 4029
- 192
- 3458
- 72
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