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 ₹10000 at 4% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹35200 at 25% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 4.Find the amount when ₹46700 is invested at 20% per year compound interest for 2 years (in ₹).
- 5.Find the amount when ₹2750 is invested at 20% per year compound interest for 3 years (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹36800 at 25% per year for 2 years (in ₹)?
- 7.What is the difference between the compound interest and the simple interest on ₹27500 at 8% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹32200 at 20% per year for 2 years (in ₹)?
- 9.Find the amount when ₹2500 is invested at 4% per year compound interest for 2 years (in ₹).
- 10.Find the amount when ₹10400 is invested at 5% per year compound interest for 2 years (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹13900 at 20% per year for 2 years (in ₹)?
- 12.Find the amount when ₹33125 is invested at 8% per year compound interest for 2 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
- 14.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹800 at 25% per year for 2 years (in ₹)?
- 16.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 17.Find the compound interest on ₹25625 at 8% per year for 2 years, added every year (in ₹).
- 18.Find the amount when ₹37600 is invested at 15% per year compound interest for 2 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹15700 at 20% per year for 2 years (in ₹)?
- 20.Find the amount when ₹24800 is invested at 5% per year compound interest for 2 years (in ₹).
- 21.Find the amount when ₹38400 is invested at 5% per year compound interest for 2 years (in ₹).
- 22.Find the amount when ₹48400 is invested at 5% per year compound interest for 2 years (in ₹).
- 23.Find the compound interest on ₹1000 at 10% per year for 3 years, added every year (in ₹).
- 24.Find the amount when ₹16250 is invested at 4% per year compound interest for 2 years (in ₹).
- 25.Find the compound interest on ₹31450 at 20% per year for 2 years, added every year (in ₹).
- 26.Find the amount when ₹31600 is invested at 10% per year compound interest for 2 years (in ₹).
- 27.Find the amount when ₹45500 is invested at 20% per year compound interest for 2 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹4300 at 20% per year for 2 years (in ₹)?
- 29.Find the amount when ₹43200 is invested at 5% per year compound interest for 2 years (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹30800 at 15% per year for 2 years (in ₹)?
- 31.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹23400 at 20% per year for 2 years (in ₹)?
- 33.Find the compound interest on ₹36125 at 20% per year for 3 years, added every year (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹9100 at 20% per year for 2 years (in ₹)?
- 35.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
- 36.Find the amount when ₹48000 is invested at 15% per year compound interest for 2 years (in ₹).
- 37.Find the amount when ₹27125 is invested at 20% per year compound interest for 3 years (in ₹).
- 38.Find the amount when ₹45000 is invested at 10% per year compound interest for 3 years (in ₹).
- 39.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹4400 at 5% per year for 2 years (in ₹)?
Answer key
- 16
- 2200
- 7566
- 67248
- 4752
- 2300
- 176
- 1288
- 2704
- 11466
- 556
- 38637
- 24
- 37044
- 50
- 39366
- 4264
- 49726
- 628
- 27342
- 42336
- 53361
- 331
- 17576
- 13838
- 38236
- 65520
- 172
- 47628
- 693
- 73002
- 936
- 26299
- 364
- 224
- 63480
- 46872
- 59895
- 4167
- 11
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