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 ₹5600 at 15% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹30000 at 4% per year for 2 years (in ₹)?
- 3.Find the amount when ₹6250 is invested at 8% per year compound interest for 2 years (in ₹).
- 4.Find the compound interest on ₹30400 at 10% per year for 2 years, added every year (in ₹).
- 5.Find the compound interest on ₹9000 at 10% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 7.Find the amount when ₹4125 is invested at 20% per year compound interest for 3 years (in ₹).
- 8.Find the amount when ₹27500 is invested at 8% per year compound interest for 2 years (in ₹).
- 9.Find the amount when ₹29824 is invested at 25% per year compound interest for 3 years (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹41700 at 10% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹35000 at 4% per year for 2 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹600 at 10% per year for 2 years (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹20000 at 25% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹42375 at 20% per year for 3 years, added every year (in ₹).
- 15.Find the amount when ₹1250 is invested at 12% per year compound interest for 2 years (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹35000 at 4% per year for 2 years (in ₹)?
- 17.Find the amount when ₹21500 is invested at 20% per year compound interest for 3 years (in ₹).
- 18.Find the amount when ₹39552 is invested at 25% per year compound interest for 3 years (in ₹).
- 19.Find the amount when ₹10000 is invested at 10% per year compound interest for 3 years (in ₹).
- 20.Find the compound interest on ₹4224 at 25% per year for 3 years, added every year (in ₹).
- 21.Find the amount when ₹22400 is invested at 10% per year compound interest for 2 years (in ₹).
- 22.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 23.Find the amount when ₹500 is invested at 10% per year compound interest for 2 years (in ₹).
- 24.Find the amount when ₹34000 is invested at 10% per year compound interest for 3 years (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹42800 at 15% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
- 27.Find the compound interest on ₹3750 at 20% per year for 3 years, added every year (in ₹).
- 28.Find the compound interest on ₹17500 at 12% per year for 2 years, added every year (in ₹).
- 29.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 30.Find the compound interest on ₹41200 at 15% per year for 2 years, added every year (in ₹).
- 31.Find the compound interest on ₹3750 at 12% per year for 2 years, added every year (in ₹).
- 32.Find the compound interest on ₹18125 at 8% per year for 2 years, added every year (in ₹).
- 33.Find the amount when ₹49200 is invested at 10% per year compound interest for 2 years (in ₹).
- 34.Find the compound interest on ₹21000 at 10% per year for 3 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹33600 at 15% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 37.Find the compound interest on ₹10000 at 10% per year for 3 years, added every year (in ₹).
- 38.Find the amount when ₹28200 is invested at 10% per year compound interest for 2 years (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹39600 at 10% per year for 2 years (in ₹)?
- 40.Find the amount when ₹46100 is invested at 10% per year compound interest for 2 years (in ₹).
Answer key
- 126
- 48
- 7290
- 6384
- 2979
- 46305
- 7128
- 32076
- 58250
- 417
- 2856
- 6
- 1250
- 30849
- 1568
- 56
- 37152
- 77250
- 13310
- 4026
- 27104
- 55566
- 605
- 45254
- 963
- 2522
- 2730
- 4452
- 35152
- 13287
- 954
- 3016
- 59532
- 6951
- 756
- 7566
- 3310
- 34122
- 396
- 55781
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