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 25% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹42800 at 5% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 4.What is the difference between the compound interest and the simple interest on ₹46000 at 5% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹30000 at 12% per year for 2 years (in ₹)?
- 6.What is the difference between the compound interest and the simple interest on ₹20000 at 5% per year for 2 years (in ₹)?
- 7.What is the difference between the compound interest and the simple interest on ₹47700 at 10% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹25200 at 15% per year for 2 years (in ₹)?
- 9.Find the amount when ₹16875 is invested at 4% per year compound interest for 2 years (in ₹).
- 10.Find the amount when ₹30600 is invested at 10% per year compound interest for 2 years (in ₹).
- 11.Find the amount when ₹38016 is invested at 25% per year compound interest for 2 years (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹700 at 10% per year for 2 years (in ₹)?
- 13.Find the amount when ₹3125 is invested at 8% per year compound interest for 2 years (in ₹).
- 14.Find the compound interest on ₹41875 at 12% per year for 2 years, added every year (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹300 at 20% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹13125 at 4% per year for 2 years, added every year (in ₹).
- 17.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 18.Find the amount when ₹11875 is invested at 12% per year compound interest for 2 years (in ₹).
- 19.Find the amount when ₹30400 is invested at 15% per year compound interest for 2 years (in ₹).
- 20.Find the compound interest on ₹47600 at 15% per year for 2 years, added every year (in ₹).
- 21.Find the amount when ₹9375 is invested at 12% per year compound interest for 2 years (in ₹).
- 22.Find the compound interest on ₹33375 at 20% per year for 3 years, added every year (in ₹).
- 23.Find the compound interest on ₹3125 at 20% per year for 3 years, added every year (in ₹).
- 24.Find the compound interest on ₹36875 at 8% per year for 2 years, added every year (in ₹).
- 25.Find the amount when ₹47250 is invested at 20% per year compound interest for 3 years (in ₹).
- 26.Find the compound interest on ₹26200 at 10% per year for 2 years, added every year (in ₹).
- 27.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 28.Find the compound interest on ₹47750 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 ₹3900 at 20% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹18750 at 12% per year for 2 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹17300 at 20% per year for 2 years (in ₹)?
- 32.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 33.Find the compound interest on ₹42000 at 15% per year for 2 years, added every year (in ₹).
- 34.Find the compound interest on ₹21400 at 10% per year for 2 years, added every year (in ₹).
- 35.Find the amount when ₹44400 is invested at 5% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹8750 is invested at 4% per year compound interest for 2 years (in ₹).
- 37.Find the amount when ₹37600 is invested at 20% per year compound interest for 2 years (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹11600 at 5% per year for 2 years (in ₹)?
- 39.Find the compound interest on ₹23125 at 8% per year for 2 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹50000 at 12% per year for 2 years (in ₹)?
Answer key
- 1325
- 107
- 272
- 115
- 432
- 50
- 477
- 567
- 18252
- 37026
- 59400
- 7
- 3645
- 10653
- 12
- 1071
- 7566
- 14896
- 40204
- 15351
- 11760
- 24297
- 2275
- 6136
- 81648
- 5502
- 55566
- 34762
- 156
- 4770
- 692
- 65856
- 13545
- 4494
- 48951
- 9464
- 54144
- 29
- 3848
- 720
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