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 ₹34000 at 25% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹45600 at 25% per year for 2 years (in ₹)?
- 3.Find the amount when ₹16400 is invested at 15% per year compound interest for 2 years (in ₹).
- 4.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 5.Find the amount when ₹20000 is invested at 4% per year compound interest for 2 years (in ₹).
- 6.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
- 7.Find the amount when ₹16400 is invested at 5% per year compound interest for 2 years (in ₹).
- 8.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹46800 at 5% per year for 2 years (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹40800 at 25% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹24375 at 8% per year for 2 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹25600 at 5% per year for 2 years (in ₹)?
- 13.Find the amount when ₹46875 is invested at 12% per year compound interest for 2 years (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹27500 at 12% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹12000 at 15% per year for 2 years, added every year (in ₹).
- 16.Find the compound interest on ₹9375 at 4% per year for 2 years, added every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹3300 at 10% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 19.Find the amount when ₹48688 is invested at 25% per year compound interest for 2 years (in ₹).
- 20.Find the amount when ₹9125 is invested at 20% per year compound interest for 3 years (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
- 22.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹40800 at 5% per year for 2 years (in ₹)?
- 24.What is the difference between the compound interest and the simple interest on ₹44400 at 5% per year for 2 years (in ₹)?
- 25.Find the amount when ₹20672 is invested at 25% per year compound interest for 2 years (in ₹).
- 26.Find the amount when ₹12250 is invested at 20% per year compound interest for 3 years (in ₹).
- 27.Find the amount when ₹31375 is invested at 20% per year compound interest for 3 years (in ₹).
- 28.Find the compound interest on ₹44000 at 5% per year for 2 years, added every year (in ₹).
- 29.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 30.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 31.Find the amount when ₹28975 is invested at 20% per year compound interest for 2 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹12400 at 10% per year for 2 years (in ₹)?
- 33.Find the compound interest on ₹48400 at 15% per year for 2 years, added every year (in ₹).
- 34.Find the compound interest on ₹36400 at 5% per year for 2 years, added every year (in ₹).
- 35.Find the amount when ₹28125 is invested at 8% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹38000 is invested at 10% per year compound interest for 3 years (in ₹).
- 37.Find the compound interest on ₹32550 at 20% per year for 2 years, added every year (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹22800 at 15% per year for 2 years (in ₹)?
- 39.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹7200 at 25% per year for 2 years (in ₹)?
Answer key
- 2125
- 2850
- 21689
- 46305
- 21632
- 65856
- 18081
- 7566
- 117
- 2550
- 4056
- 64
- 58800
- 396
- 3870
- 765
- 33
- 12654
- 76075
- 15768
- 60
- 1261
- 102
- 111
- 32300
- 21168
- 54216
- 4510
- 55566
- 59049
- 41724
- 124
- 15609
- 3731
- 32805
- 50578
- 14322
- 513
- 17576
- 450
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