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 ₹22200 at 20% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹43600 at 5% per year for 2 years, added every year (in ₹).
- 3.Find the compound interest on ₹2928 at 25% per year for 2 years, added every year (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹25500 at 20% per year for 2 years (in ₹)?
- 5.Find the compound interest on ₹39360 at 25% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹36000 is invested at 20% per year compound interest for 3 years (in ₹).
- 7.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 8.Find the compound interest on ₹42900 at 10% per year for 2 years, added every year (in ₹).
- 9.Find the compound interest on ₹800 at 10% per year for 2 years, added every year (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹22300 at 20% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹24600 at 10% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹4375 at 8% per year for 2 years, added every year (in ₹).
- 14.Find the amount when ₹40625 is invested at 4% per year compound interest for 2 years (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹37300 at 20% per year for 2 years (in ₹)?
- 16.Find the amount when ₹38125 is invested at 8% per year compound interest for 2 years (in ₹).
- 17.Find the amount when ₹12928 is invested at 25% per year compound interest for 3 years (in ₹).
- 18.Find the amount when ₹9536 is invested at 25% per year compound interest for 3 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹14300 at 10% per year for 2 years (in ₹)?
- 20.Find the compound interest on ₹11600 at 5% per year for 2 years, added every year (in ₹).
- 21.Find the amount when ₹46250 is invested at 12% per year compound interest for 2 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹43600 at 15% per year for 2 years (in ₹)?
- 23.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 24.Find the compound interest on ₹7600 at 5% per year for 2 years, added every year (in ₹).
- 25.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
- 26.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹33200 at 5% per year for 2 years (in ₹)?
- 28.Find the amount when ₹18500 is invested at 10% per year compound interest for 2 years (in ₹).
- 29.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 30.Find the compound interest on ₹3000 at 10% per year for 3 years, added every year (in ₹).
- 31.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 32.Find the compound interest on ₹8400 at 5% per year for 2 years, added every year (in ₹).
- 33.Find the compound interest on ₹30775 at 20% per year for 2 years, added every year (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹22500 at 4% per year for 2 years (in ₹)?
- 35.What is the difference between the compound interest and the simple interest on ₹10600 at 10% per year for 2 years (in ₹)?
- 36.Find the compound interest on ₹8128 at 25% per year for 2 years, added every year (in ₹).
- 37.Find the amount when ₹28750 is invested at 4% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 39.Find the amount when ₹17984 is invested at 25% per year compound interest for 2 years (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
Answer key
- 888
- 4469
- 1647
- 1020
- 37515
- 62208
- 4167
- 9009
- 168
- 892
- 7566
- 246
- 728
- 43940
- 1492
- 44469
- 25250
- 18625
- 143
- 1189
- 58016
- 981
- 46305
- 779
- 6305
- 39366
- 83
- 22385
- 9261
- 993
- 37044
- 861
- 13541
- 36
- 106
- 4572
- 31096
- 17576
- 28100
- 272
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