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 ₹30300 at 10% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹8384 at 25% per year for 3 years, added every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹26400 at 5% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹28736 at 25% per year for 2 years, added every year (in ₹).
- 5.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹27200 at 5% per year for 2 years (in ₹)?
- 7.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 8.Find the compound interest on ₹34375 at 4% per year for 2 years, added every year (in ₹).
- 9.Find the amount when ₹13000 is invested at 10% per year compound interest for 3 years (in ₹).
- 10.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 11.Find the amount when ₹14800 is invested at 5% per year compound interest for 2 years (in ₹).
- 12.Find the amount when ₹21504 is invested at 25% per year compound interest for 3 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
- 14.Find the amount when ₹24600 is invested at 20% per year compound interest for 2 years (in ₹).
- 15.Find the amount when ₹15000 is invested at 10% per year compound interest for 3 years (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
- 17.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹27100 at 10% per year for 2 years (in ₹)?
- 20.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 21.Find the amount when ₹30400 is invested at 5% per year compound interest for 2 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹45600 at 5% per year for 2 years (in ₹)?
- 23.Find the amount when ₹33600 is invested at 5% per year compound interest for 2 years (in ₹).
- 24.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
- 25.Find the compound interest on ₹19600 at 5% per year for 2 years, added every year (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹32500 at 12% per year for 2 years (in ₹)?
- 27.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹24800 at 5% per year for 2 years (in ₹)?
- 29.Find the amount when ₹9775 is invested at 20% per year compound interest for 2 years (in ₹).
- 30.Find the compound interest on ₹26250 at 4% per year for 2 years, added every year (in ₹).
- 31.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹13525 is invested at 20% per year compound interest for 2 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹20000 at 12% per year for 2 years (in ₹)?
- 34.Find the amount when ₹4400 is invested at 5% per year compound interest for 2 years (in ₹).
- 35.Find the compound interest on ₹5600 at 5% per year for 2 years, added every year (in ₹).
- 36.Find the amount when ₹22500 is invested at 4% per year compound interest for 2 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹18000 at 15% per year for 2 years, added every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹50000 at 25% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹45100 at 20% per year for 2 years (in ₹)?
Answer key
- 303
- 7991
- 66
- 16164
- 3902
- 68
- 2522
- 2805
- 17303
- 35152
- 16317
- 42000
- 612
- 35424
- 19965
- 16
- 25002
- 224
- 271
- 8116
- 33516
- 114
- 37044
- 8334
- 2009
- 468
- 55566
- 62
- 14076
- 2142
- 27783
- 19476
- 288
- 4851
- 574
- 24336
- 160
- 5805
- 3125
- 1804
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