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 ₹12500 at 12% per year for 2 years (in ₹)?
- 2.Find the amount when ₹14375 is invested at 8% per year compound interest for 2 years (in ₹).
- 3.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 4.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹39300 at 10% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹47000 at 10% per year for 2 years, added every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹44200 at 10% per year for 2 years (in ₹)?
- 8.Find the compound interest on ₹38750 at 4% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹27900 at 20% per year for 2 years (in ₹)?
- 10.Find the amount when ₹22656 is invested at 25% per year compound interest for 3 years (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹43000 at 10% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹21400 at 10% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹45600 at 10% per year for 2 years, added every year (in ₹).
- 14.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹40400 at 5% per year for 2 years (in ₹)?
- 16.Find the amount when ₹39375 is invested at 12% per year compound interest for 2 years (in ₹).
- 17.Find the amount when ₹43750 is invested at 8% per year compound interest for 2 years (in ₹).
- 18.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 19.Find the compound interest on ₹32500 at 12% per year for 2 years, added every year (in ₹).
- 20.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹23700 at 10% per year for 2 years (in ₹)?
- 22.Find the amount when ₹43600 is invested at 15% per year compound interest for 2 years (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹23000 at 10% per year for 2 years (in ₹)?
- 24.Find the amount when ₹45625 is invested at 8% per year compound interest for 2 years (in ₹).
- 25.Find the compound interest on ₹36000 at 10% per year for 3 years, added every year (in ₹).
- 26.Find the compound interest on ₹42500 at 4% per year for 2 years, added every year (in ₹).
- 27.Find the amount when ₹8125 is invested at 4% per year compound interest for 2 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹10900 at 10% per year for 2 years (in ₹)?
- 29.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 30.Find the amount when ₹4500 is invested at 10% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹12000 is invested at 10% per year compound interest for 2 years (in ₹).
- 32.Find the compound interest on ₹20375 at 20% per year for 3 years, added every year (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹30800 at 15% per year for 2 years (in ₹)?
- 34.Find the amount when ₹12750 is invested at 20% per year compound interest for 3 years (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹40600 at 10% per year for 2 years (in ₹)?
- 36.Find the amount when ₹31000 is invested at 10% per year compound interest for 3 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹26400 at 25% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹6900 at 10% per year for 2 years (in ₹)?
- 39.Find the amount when ₹19375 is invested at 12% per year compound interest for 2 years (in ₹).
- 40.Find the amount when ₹21600 is invested at 15% per year compound interest for 2 years (in ₹).
Answer key
- 180
- 16767
- 4058
- 9261
- 393
- 9870
- 442
- 3162
- 1116
- 44250
- 430
- 214
- 9576
- 19683
- 101
- 49392
- 51030
- 1261
- 8268
- 12654
- 237
- 57661
- 230
- 53217
- 11916
- 3468
- 8788
- 109
- 27783
- 5445
- 14520
- 14833
- 693
- 22032
- 406
- 41261
- 1650
- 69
- 24304
- 28566
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