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 ₹42000 at 25% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹46100 at 20% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
- 4.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹45800 at 20% per year for 2 years (in ₹)?
- 6.What is the difference between the compound interest and the simple interest on ₹3800 at 10% per year for 2 years (in ₹)?
- 7.Find the amount when ₹48400 is invested at 5% per year compound interest for 2 years (in ₹).
- 8.Find the amount when ₹25000 is invested at 8% per year compound interest for 2 years (in ₹).
- 9.Find the compound interest on ₹45000 at 8% per year for 2 years, added every year (in ₹).
- 10.Find the amount when ₹8000 is invested at 5% per year compound interest for 2 years (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹5500 at 20% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
- 13.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 14.Find the amount when ₹14912 is invested at 25% per year compound interest for 3 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹21200 at 5% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹48300 at 10% per year for 2 years (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹23200 at 5% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
- 19.Find the amount when ₹13975 is invested at 20% per year compound interest for 2 years (in ₹).
- 20.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹11200 at 10% per year for 2 years (in ₹)?
- 22.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
- 24.Find the amount when ₹8125 is invested at 20% per year compound interest for 3 years (in ₹).
- 25.Find the compound interest on ₹6464 at 25% per year for 3 years, added every year (in ₹).
- 26.Find the amount when ₹43600 is invested at 5% per year compound interest for 2 years (in ₹).
- 27.Find the compound interest on ₹12500 at 8% per year for 2 years, added every year (in ₹).
- 28.Find the amount when ₹800 is invested at 5% per year compound interest for 2 years (in ₹).
- 29.Find the compound interest on ₹45875 at 20% per year for 3 years, added every year (in ₹).
- 30.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹47400 at 10% per year for 2 years (in ₹)?
- 32.What is the difference between the compound interest and the simple interest on ₹14800 at 20% per year for 2 years (in ₹)?
- 33.Find the amount when ₹25825 is invested at 20% per year compound interest for 2 years (in ₹).
- 34.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 35.Find the amount when ₹28500 is invested at 10% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹4000 is invested at 20% per year compound interest for 3 years (in ₹).
- 37.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹10000 at 5% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
Answer key
- 2625
- 1844
- 80
- 96
- 1832
- 38
- 53361
- 29160
- 7488
- 8820
- 220
- 3783
- 2522
- 29125
- 53
- 483
- 58
- 160
- 20124
- 5044
- 112
- 7566
- 44
- 14040
- 6161
- 48069
- 2080
- 882
- 33397
- 27783
- 474
- 592
- 37188
- 12174
- 34485
- 6912
- 24334
- 25
- 8
- 24
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