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 ₹34400 at 5% per year for 2 years (in ₹)?
- 2.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹9200 at 10% per year for 2 years (in ₹)?
- 4.Find the amount when ₹28050 is invested at 20% per year compound interest for 2 years (in ₹).
- 5.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 6.Find the amount when ₹23125 is invested at 8% per year compound interest for 2 years (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹45600 at 10% per year for 2 years (in ₹)?
- 8.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 9.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 10.Find the amount when ₹45625 is invested at 4% per year compound interest for 2 years (in ₹).
- 11.Find the amount when ₹36875 is invested at 12% per year compound interest for 2 years (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹5200 at 25% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹21300 at 10% per year for 2 years, added every year (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
- 15.Find the amount when ₹3500 is invested at 20% per year compound interest for 3 years (in ₹).
- 16.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹4000 at 5% per year for 2 years (in ₹)?
- 18.Find the amount when ₹33125 is invested at 12% per year compound interest for 2 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹4100 at 20% per year for 2 years (in ₹)?
- 20.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 21.Find the amount when ₹13125 is invested at 4% per year compound interest for 2 years (in ₹).
- 22.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹36400 at 20% per year for 2 years (in ₹)?
- 24.Find the compound interest on ₹48640 at 25% per year for 2 years, added every year (in ₹).
- 25.Find the amount when ₹43200 is invested at 5% per year compound interest for 2 years (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
- 27.Find the amount when ₹800 is invested at 5% per year compound interest for 2 years (in ₹).
- 28.Find the amount when ₹12000 is invested at 15% per year compound interest for 2 years (in ₹).
- 29.Find the amount when ₹44350 is invested at 20% per year compound interest for 2 years (in ₹).
- 30.Find the compound interest on ₹18800 at 15% per year for 2 years, added every year (in ₹).
- 31.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 32.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 33.Find the amount when ₹40500 is invested at 10% per year compound interest for 2 years (in ₹).
- 34.Find the compound interest on ₹2000 at 5% per year for 2 years, added every year (in ₹).
- 35.Find the amount when ₹8400 is invested at 15% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹4375 is invested at 4% per year compound interest for 2 years (in ₹).
- 37.Find the amount when ₹22400 is invested at 15% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹32800 is invested at 5% per year compound interest for 2 years (in ₹).
- 39.Find the compound interest on ₹20900 at 10% per year for 2 years, added every year (in ₹).
- 40.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
Answer key
- 86
- 19683
- 92
- 40392
- 43904
- 26973
- 456
- 7566
- 8116
- 49348
- 46256
- 325
- 4473
- 12
- 6048
- 27783
- 10
- 41552
- 164
- 17576
- 14196
- 18981
- 1456
- 27360
- 47628
- 256
- 882
- 15870
- 63864
- 6063
- 6327
- 37044
- 49005
- 205
- 11109
- 4732
- 29624
- 36162
- 4389
- 46305
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