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 ₹41100 at 20% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹34375 at 8% per year for 2 years, added every year (in ₹).
- 3.Find the compound interest on ₹41875 at 20% per year for 2 years, added every year (in ₹).
- 4.Find the amount when ₹1250 is invested at 8% per year compound interest for 2 years (in ₹).
- 5.Find the amount when ₹9200 is invested at 5% per year compound interest for 2 years (in ₹).
- 6.Find the compound interest on ₹40000 at 15% per year for 2 years, added every year (in ₹).
- 7.Find the amount when ₹41875 is invested at 12% per year compound interest for 2 years (in ₹).
- 8.Find the compound interest on ₹39375 at 8% per year for 2 years, added every year (in ₹).
- 9.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 10.Find the amount when ₹26400 is invested at 15% per year compound interest for 2 years (in ₹).
- 11.Find the compound interest on ₹34675 at 20% per year for 2 years, added every year (in ₹).
- 12.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹42500 at 4% per year for 2 years, added every year (in ₹).
- 15.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
- 17.Find the amount when ₹12000 is invested at 10% per year compound interest for 3 years (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹19200 at 5% per year for 2 years (in ₹)?
- 20.Find the amount when ₹36000 is invested at 15% per year compound interest for 2 years (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹4200 at 10% per year for 2 years (in ₹)?
- 22.What is the difference between the compound interest and the simple interest on ₹26000 at 5% per year for 2 years (in ₹)?
- 23.Find the amount when ₹42400 is invested at 15% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 25.Find the compound interest on ₹18800 at 5% per year for 2 years, added every year (in ₹).
- 26.Find the compound interest on ₹20000 at 4% per year for 2 years, added every year (in ₹).
- 27.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 28.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 29.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 30.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 31.Find the amount when ₹47300 is invested at 10% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹49000 is invested at 10% per year compound interest for 3 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
- 34.What is the difference between the compound interest and the simple interest on ₹1100 at 20% per year for 2 years (in ₹)?
- 35.Find the amount when ₹26600 is invested at 10% per year compound interest for 2 years (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
- 37.Find the amount when ₹29184 is invested at 25% per year compound interest for 3 years (in ₹).
- 38.Find the compound interest on ₹33600 at 25% per year for 2 years, added every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹47500 at 4% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
Answer key
- 1644
- 5720
- 18425
- 1458
- 10143
- 12900
- 52528
- 6552
- 37044
- 34914
- 15257
- 24334
- 224
- 3468
- 35152
- 52
- 15972
- 216
- 48
- 47610
- 42
- 65
- 56074
- 21952
- 1927
- 1632
- 27783
- 18981
- 12174
- 17576
- 57233
- 65219
- 540
- 44
- 32186
- 32
- 57000
- 18900
- 76
- 24
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