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 ₹45000 at 8% per year for 2 years (in ₹)?
- 2.Find the amount when ₹32750 is invested at 20% per year compound interest for 3 years (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
- 4.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹5900 at 20% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹12400 at 5% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
- 9.Find the amount when ₹38125 is invested at 8% per year compound interest for 2 years (in ₹).
- 10.Find the compound interest on ₹20000 at 4% per year for 2 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
- 12.Find the amount when ₹7500 is invested at 20% per year compound interest for 3 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹10900 at 20% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹45625 at 4% per year for 2 years, added every year (in ₹).
- 15.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 16.Find the amount when ₹29375 is invested at 8% per year compound interest for 2 years (in ₹).
- 17.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
- 18.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 19.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹42300 at 10% per year for 2 years (in ₹)?
- 21.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 22.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 23.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 24.Find the compound interest on ₹11125 at 20% per year for 3 years, added every year (in ₹).
- 25.Find the amount when ₹17600 is invested at 15% per year compound interest for 2 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹12500 at 10% per year for 2 years (in ₹)?
- 27.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 28.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹29200 at 25% per year for 2 years (in ₹)?
- 30.Find the amount when ₹50000 is invested at 4% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹21250 is invested at 8% per year compound interest for 2 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹12400 at 25% per year for 2 years (in ₹)?
- 33.Find the amount when ₹18000 is invested at 10% per year compound interest for 3 years (in ₹).
- 34.Find the compound interest on ₹7500 at 20% per year for 3 years, added every year (in ₹).
- 35.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 36.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 37.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹38000 at 10% per year for 2 years (in ₹)?
- 39.Find the amount when ₹16300 is invested at 10% per year compound interest for 2 years (in ₹).
- 40.Find the compound interest on ₹40000 at 8% per year for 2 years, added every year (in ₹).
Answer key
- 288
- 56592
- 32
- 21952
- 236
- 18981
- 31
- 540
- 44469
- 1632
- 96
- 12960
- 436
- 3723
- 4058
- 34263
- 16668
- 24334
- 1951
- 423
- 55566
- 8116
- 12654
- 8099
- 23276
- 125
- 39366
- 6327
- 1825
- 54080
- 24786
- 775
- 23958
- 5460
- 19683
- 17576
- 37044
- 380
- 19723
- 6656
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