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 ₹35000 at 8% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹7800 at 20% per year for 2 years (in ₹)?
- 3.Find the amount when ₹13600 is invested at 5% per year compound interest for 2 years (in ₹).
- 4.Find the compound interest on ₹13600 at 5% per year for 2 years, added every year (in ₹).
- 5.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 7.Find the amount when ₹4304 is invested at 25% per year compound interest for 2 years (in ₹).
- 8.Find the compound interest on ₹42300 at 10% per year for 2 years, added every year (in ₹).
- 9.Find the compound interest on ₹47000 at 10% per year for 3 years, added every year (in ₹).
- 10.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
- 11.Find the amount when ₹20000 is invested at 8% per year compound interest for 2 years (in ₹).
- 12.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 13.Find the compound interest on ₹6400 at 15% per year for 2 years, added every year (in ₹).
- 14.Find the compound interest on ₹3125 at 8% per year for 2 years, added every year (in ₹).
- 15.Find the compound interest on ₹18750 at 8% per year for 2 years, added every year (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹28800 at 20% per year for 2 years (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹47600 at 15% per year for 2 years (in ₹)?
- 18.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹39500 at 20% per year for 2 years (in ₹)?
- 20.Find the compound interest on ₹6375 at 20% per year for 2 years, added every year (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹41200 at 25% per year for 2 years (in ₹)?
- 22.What is the difference between the compound interest and the simple interest on ₹44800 at 25% per year for 2 years (in ₹)?
- 23.Find the amount when ₹4000 is invested at 10% per year compound interest for 3 years (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
- 25.What is the difference between the compound interest and the simple interest on ₹7600 at 10% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹19600 at 5% per year for 2 years, added every year (in ₹).
- 27.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹20800 at 5% per year for 2 years (in ₹)?
- 29.Find the amount when ₹8000 is invested at 10% per year compound interest for 3 years (in ₹).
- 30.Find the compound interest on ₹28576 at 25% per year for 2 years, added every year (in ₹).
- 31.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹39375 is invested at 4% per year compound interest for 2 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹34800 at 20% per year for 2 years (in ₹)?
- 34.Find the amount when ₹6250 is invested at 12% per year compound interest for 2 years (in ₹).
- 35.Find the compound interest on ₹16400 at 15% per year for 2 years, added every year (in ₹).
- 36.Find the amount when ₹30000 is invested at 12% per year compound interest for 2 years (in ₹).
- 37.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 38.Find the compound interest on ₹37625 at 20% per year for 3 years, added every year (in ₹).
- 39.Find the compound interest on ₹46250 at 4% per year for 2 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
Answer key
- 224
- 312
- 14994
- 1394
- 25002
- 35152
- 6725
- 8883
- 15557
- 60835
- 23328
- 4058
- 2064
- 520
- 3120
- 1152
- 1071
- 52728
- 1580
- 2805
- 2575
- 2800
- 5324
- 256
- 76
- 2009
- 2522
- 52
- 10648
- 16074
- 65856
- 42588
- 1392
- 7840
- 5289
- 37632
- 46305
- 27391
- 3774
- 60
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