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 ₹42500 at 4% per year for 2 years (in ₹)?
- 2.Find the amount when ₹17824 is invested at 25% per year compound interest for 2 years (in ₹).
- 3.Find the compound interest on ₹7500 at 4% per year for 2 years, added every year (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹45200 at 5% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹48700 at 20% per year for 2 years (in ₹)?
- 6.Find the amount when ₹42528 is invested at 25% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹17600 at 15% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹700 at 10% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹25975 at 20% per year for 2 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹19600 at 25% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹39200 at 25% per year for 2 years (in ₹)?
- 13.Find the amount when ₹3750 is invested at 8% per year compound interest for 2 years (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹10400 at 15% per year for 2 years (in ₹)?
- 15.Find the amount when ₹22500 is invested at 10% per year compound interest for 2 years (in ₹).
- 16.Find the amount when ₹23500 is invested at 20% per year compound interest for 3 years (in ₹).
- 17.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
- 19.Find the compound interest on ₹26000 at 5% per year for 2 years, added every year (in ₹).
- 20.Find the compound interest on ₹1200 at 5% per year for 2 years, added every year (in ₹).
- 21.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹46600 at 10% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹8125 at 4% per year for 2 years, added every year (in ₹).
- 24.Find the compound interest on ₹40000 at 8% per year for 2 years, added every year (in ₹).
- 25.Find the compound interest on ₹12500 at 4% per year for 2 years, added every year (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹17000 at 10% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹18944 at 25% per year for 3 years, added every year (in ₹).
- 28.Find the compound interest on ₹8400 at 5% per year for 2 years, added every year (in ₹).
- 29.Find the compound interest on ₹34800 at 15% per year for 2 years, added every year (in ₹).
- 30.Find the amount when ₹450 is invested at 20% per year compound interest for 2 years (in ₹).
- 31.Find the compound interest on ₹23125 at 8% per year for 2 years, added every year (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹17200 at 5% per year for 2 years (in ₹)?
- 33.Find the amount when ₹2500 is invested at 20% per year compound interest for 2 years (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹8400 at 5% per year for 2 years (in ₹)?
- 35.Find the compound interest on ₹14375 at 8% per year for 2 years, added every year (in ₹).
- 36.Find the amount when ₹48000 is invested at 15% per year compound interest for 2 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹30000 at 8% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹7400 at 20% per year for 2 years (in ₹)?
- 39.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 40.Find the compound interest on ₹19200 at 5% per year for 2 years, added every year (in ₹).
Answer key
- 68
- 27850
- 612
- 113
- 1948
- 66450
- 59049
- 396
- 7
- 11429
- 1225
- 2450
- 4374
- 234
- 27225
- 40608
- 55566
- 320
- 2665
- 123
- 46305
- 466
- 663
- 6656
- 1020
- 170
- 18056
- 861
- 11223
- 648
- 3848
- 43
- 3600
- 21
- 2392
- 63480
- 192
- 296
- 35152
- 1968
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