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 ₹10000 at 8% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹11600 at 25% per year for 2 years (in ₹)?
- 4.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
- 5.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
- 6.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 7.Find the compound interest on ₹36400 at 5% per year for 2 years, added every year (in ₹).
- 8.Find the compound interest on ₹14025 at 20% per year for 2 years, added every year (in ₹).
- 9.Find the amount when ₹18000 is invested at 10% per year compound interest for 3 years (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹47100 at 10% per year for 2 years (in ₹)?
- 11.Find the amount when ₹28800 is invested at 15% per year compound interest for 2 years (in ₹).
- 12.Find the amount when ₹49600 is invested at 15% per year compound interest for 2 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹39200 at 5% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 15.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹46400 at 15% per year for 2 years (in ₹)?
- 17.Find the amount when ₹43488 is invested at 25% per year compound interest for 2 years (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹32100 at 10% per year for 2 years (in ₹)?
- 19.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
- 21.Find the amount when ₹48000 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 ₹35600 at 5% per year for 2 years (in ₹)?
- 23.Find the amount when ₹48300 is invested at 10% per year compound interest for 2 years (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹13500 at 20% per year for 2 years (in ₹)?
- 25.Find the amount when ₹20000 is invested at 10% per year compound interest for 3 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹4500 at 10% per year for 2 years (in ₹)?
- 27.Find the amount when ₹34384 is invested at 25% per year compound interest for 2 years (in ₹).
- 28.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹14000 at 25% per year for 2 years (in ₹)?
- 30.What is the difference between the compound interest and the simple interest on ₹25100 at 10% per year for 2 years (in ₹)?
- 31.What is the difference between the compound interest and the simple interest on ₹43200 at 25% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹34375 at 8% per year for 2 years, added every year (in ₹).
- 33.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 34.Find the amount when ₹6875 is invested at 4% per year compound interest for 2 years (in ₹).
- 35.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 36.Find the compound interest on ₹9375 at 20% per year for 3 years, added every year (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹35500 at 10% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹48000 at 5% per year for 2 years, added every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹30000 at 4% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
Answer key
- 64
- 272
- 725
- 48668
- 12501
- 36501
- 3731
- 6171
- 23958
- 471
- 38088
- 65596
- 98
- 3902
- 37044
- 1044
- 67950
- 321
- 4058
- 32
- 55566
- 89
- 58443
- 540
- 26620
- 45
- 53725
- 19683
- 875
- 251
- 2700
- 5720
- 17576
- 7436
- 6327
- 6825
- 355
- 4920
- 48
- 80
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