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 ₹16800 at 15% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹400 at 5% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹9200 at 25% per year for 2 years, added every year (in ₹).
- 4.Find the amount when ₹33125 is invested at 20% per year compound interest for 3 years (in ₹).
- 5.Find the compound interest on ₹12000 at 10% per year for 3 years, added every year (in ₹).
- 6.Find the compound interest on ₹11000 at 10% per year for 3 years, added every year (in ₹).
- 7.Find the amount when ₹38900 is invested at 10% per year compound interest for 2 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹49000 at 10% per year for 2 years (in ₹)?
- 9.Find the compound interest on ₹36288 at 25% per year for 3 years, added every year (in ₹).
- 10.Find the compound interest on ₹25200 at 5% per year for 2 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹5000 at 20% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹50000 at 12% per year for 2 years, added every year (in ₹).
- 13.Find the amount when ₹35000 is invested at 8% per year compound interest for 2 years (in ₹).
- 14.Find the amount when ₹11264 is invested at 25% per year compound interest for 3 years (in ₹).
- 15.Find the compound interest on ₹28816 at 25% per year for 2 years, added every year (in ₹).
- 16.Find the amount when ₹1000 is invested at 10% per year compound interest for 3 years (in ₹).
- 17.Find the compound interest on ₹34000 at 10% per year for 3 years, added every year (in ₹).
- 18.Find the compound interest on ₹38400 at 10% per year for 2 years, added every year (in ₹).
- 19.Find the compound interest on ₹13312 at 25% per year for 3 years, added every year (in ₹).
- 20.Find the compound interest on ₹8000 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 ₹1100 at 10% per year for 2 years (in ₹)?
- 22.Find the amount when ₹48000 is invested at 20% per year compound interest for 3 years (in ₹).
- 23.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 24.Find the compound interest on ₹47936 at 25% per year for 3 years, added every year (in ₹).
- 25.Find the amount when ₹3300 is invested at 10% per year compound interest for 2 years (in ₹).
- 26.Find the amount when ₹23000 is invested at 10% per year compound interest for 3 years (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹22500 at 12% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹9200 at 5% per year for 2 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹23600 at 5% per year for 2 years (in ₹)?
- 30.What is the difference between the compound interest and the simple interest on ₹20800 at 15% per year for 2 years (in ₹)?
- 31.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹32800 at 5% per year for 2 years (in ₹)?
- 33.Find the compound interest on ₹13750 at 8% per year for 2 years, added every year (in ₹).
- 34.Find the amount when ₹45000 is invested at 8% per year compound interest for 2 years (in ₹).
- 35.Find the amount when ₹23800 is invested at 10% per year compound interest for 2 years (in ₹).
- 36.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 37.Find the amount when ₹17200 is invested at 15% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹2000 is invested at 10% per year compound interest for 3 years (in ₹).
- 39.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 40.Find the compound interest on ₹8432 at 25% per year for 2 years, added every year (in ₹).
Answer key
- 378
- 1
- 5175
- 57240
- 3972
- 3641
- 47069
- 490
- 34587
- 2583
- 200
- 12720
- 40824
- 22000
- 16209
- 1331
- 11254
- 8064
- 12688
- 1261
- 11
- 82944
- 52728
- 45689
- 3993
- 30613
- 324
- 943
- 59
- 468
- 39366
- 82
- 2288
- 52488
- 28798
- 12501
- 22747
- 2662
- 46305
- 4743
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