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 ₹30000 at 4% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹2500 at 4% per year for 2 years (in ₹)?
- 3.Find the amount when ₹1250 is invested at 12% per year compound interest for 2 years (in ₹).
- 4.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
- 5.Find the amount when ₹32000 is invested at 10% per year compound interest for 3 years (in ₹).
- 6.Find the compound interest on ₹32000 at 10% per year for 2 years, added every year (in ₹).
- 7.Find the amount when ₹8875 is invested at 20% per year compound interest for 3 years (in ₹).
- 8.Find the amount when ₹450 is invested at 20% per year compound interest for 2 years (in ₹).
- 9.Find the amount when ₹30000 is invested at 5% per year compound interest for 2 years (in ₹).
- 10.Find the amount when ₹20250 is invested at 20% per year compound interest for 3 years (in ₹).
- 11.Find the amount when ₹28375 is invested at 20% per year compound interest for 3 years (in ₹).
- 12.Find the amount when ₹20625 is invested at 4% per year compound interest for 2 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹29000 at 20% per year for 2 years (in ₹)?
- 14.What is the difference between the compound interest and the simple interest on ₹43600 at 5% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
- 16.Find the compound interest on ₹1875 at 12% per year for 2 years, added every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹27200 at 15% per year for 2 years (in ₹)?
- 18.Find the amount when ₹15250 is invested at 20% per year compound interest for 2 years (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹100 at 10% per year for 2 years (in ₹)?
- 20.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 21.Find the compound interest on ₹12400 at 5% per year for 2 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹46800 at 15% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹25000 at 12% per year for 2 years, added every year (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹8800 at 5% per year for 2 years (in ₹)?
- 25.What is the difference between the compound interest and the simple interest on ₹7200 at 5% per year for 2 years (in ₹)?
- 26.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
- 28.Find the amount when ₹35000 is invested at 12% per year compound interest for 2 years (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹6400 at 5% per year for 2 years, added every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹10900 at 20% per year for 2 years (in ₹)?
- 32.What is the difference between the compound interest and the simple interest on ₹25000 at 4% per year for 2 years (in ₹)?
- 33.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 34.Find the amount when ₹7400 is invested at 20% per year compound interest for 2 years (in ₹).
- 35.Find the amount when ₹6960 is invested at 25% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 37.Find the compound interest on ₹14400 at 5% per year for 2 years, added every year (in ₹).
- 38.Find the compound interest on ₹9525 at 20% per year for 2 years, added every year (in ₹).
- 39.Find the compound interest on ₹8800 at 15% per year for 2 years, added every year (in ₹).
- 40.Find the amount when ₹16250 is invested at 4% per year compound interest for 2 years (in ₹).
Answer key
- 48
- 4
- 1568
- 24334
- 42592
- 6720
- 15336
- 648
- 33075
- 34992
- 49032
- 22308
- 1160
- 109
- 3783
- 477
- 612
- 21960
- 1
- 18981
- 1271
- 1053
- 6360
- 22
- 18
- 55566
- 108
- 43904
- 144
- 656
- 436
- 40
- 19683
- 10656
- 10875
- 21952
- 1476
- 4191
- 2838
- 17576
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