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 ₹40000 at 15% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹16400 at 5% per year for 2 years (in ₹)?
- 3.Find the amount when ₹11875 is invested at 20% per year compound interest for 3 years (in ₹).
- 4.Find the compound interest on ₹9850 at 20% per year for 2 years, added every year (in ₹).
- 5.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹16800 at 25% per year for 2 years (in ₹)?
- 7.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹43600 at 5% per year for 2 years (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 11.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 12.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹30400 at 5% per year for 2 years (in ₹)?
- 14.What is the difference between the compound interest and the simple interest on ₹50000 at 12% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹21775 at 20% per year for 2 years, added every year (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹45000 at 12% per year for 2 years (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹12400 at 5% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹22000 at 10% per year for 3 years, added every year (in ₹).
- 19.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹8000 at 25% per year for 2 years (in ₹)?
- 21.What is the difference between the compound interest and the simple interest on ₹800 at 15% per year for 2 years (in ₹)?
- 22.Find the amount when ₹17625 is invested at 20% per year compound interest for 3 years (in ₹).
- 23.Find the compound interest on ₹43125 at 20% per year for 2 years, added every year (in ₹).
- 24.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹45000 at 4% per year for 2 years (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹4400 at 5% per year for 2 years (in ₹)?
- 27.Find the amount when ₹11250 is invested at 12% per year compound interest for 2 years (in ₹).
- 28.Find the compound interest on ₹27000 at 10% per year for 3 years, added every year (in ₹).
- 29.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 30.Find the amount when ₹16875 is invested at 4% per year compound interest for 2 years (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹4300 at 10% per year for 2 years (in ₹)?
- 32.What is the difference between the compound interest and the simple interest on ₹34400 at 25% per year for 2 years (in ₹)?
- 33.Find the amount when ₹14675 is invested at 20% per year compound interest for 2 years (in ₹).
- 34.Find the amount when ₹44400 is invested at 5% per year compound interest for 2 years (in ₹).
- 35.Find the amount when ₹46250 is invested at 8% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 37.Find the amount when ₹7984 is invested at 25% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 39.Find the compound interest on ₹19250 at 20% per year for 2 years, added every year (in ₹).
- 40.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
Answer key
- 900
- 41
- 20520
- 4334
- 12501
- 1050
- 5044
- 180
- 109
- 36
- 36501
- 59049
- 76
- 720
- 9581
- 648
- 31
- 7282
- 7566
- 500
- 18
- 30456
- 18975
- 12167
- 72
- 11
- 14112
- 8937
- 18981
- 18252
- 43
- 2150
- 21132
- 48951
- 53946
- 27783
- 12475
- 35152
- 8470
- 4167
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