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 ₹13600 at 5% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 4.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 5.Find the compound interest on ₹15000 at 4% per year for 2 years, added every year (in ₹).
- 6.Find the compound interest on ₹35625 at 4% per year for 2 years, added every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹35600 at 15% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
- 9.Find the amount when ₹8256 is invested at 25% per year compound interest for 2 years (in ₹).
- 10.Find the compound interest on ₹49875 at 20% per year for 3 years, added every year (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹26300 at 10% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹38800 at 5% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
- 14.Find the compound interest on ₹36000 at 10% per year for 3 years, added every year (in ₹).
- 15.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹36400 at 15% per year for 2 years (in ₹)?
- 17.Find the compound interest on ₹35000 at 10% per year for 3 years, added every year (in ₹).
- 18.Find the compound interest on ₹17088 at 25% per year for 3 years, added every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹8000 at 25% per year for 2 years (in ₹)?
- 20.Find the compound interest on ₹13000 at 10% per year for 3 years, added every year (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
- 22.Find the amount when ₹36288 is invested at 25% per year compound interest for 3 years (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
- 24.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹23500 at 20% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹800 at 15% per year for 2 years, added every year (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹42500 at 10% per year for 2 years (in ₹)?
- 28.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
- 30.Find the amount when ₹36400 is invested at 5% per year compound interest for 2 years (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹26500 at 10% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 33.Find the amount when ₹40800 is invested at 15% per year compound interest for 2 years (in ₹).
- 34.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 35.Find the amount when ₹24375 is invested at 4% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
- 37.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 38.Find the amount when ₹37175 is invested at 20% per year compound interest for 2 years (in ₹).
- 39.Find the amount when ₹34100 is invested at 10% per year compound interest for 2 years (in ₹).
- 40.Find the compound interest on ₹14375 at 4% per year for 2 years, added every year (in ₹).
Answer key
- 34
- 16
- 6327
- 17576
- 1224
- 2907
- 801
- 320
- 12900
- 36309
- 263
- 97
- 1951
- 11916
- 224
- 819
- 11585
- 16287
- 500
- 4303
- 28
- 70875
- 96
- 9261
- 940
- 258
- 425
- 4058
- 128
- 40131
- 265
- 25002
- 53958
- 12654
- 26364
- 37044
- 39366
- 53532
- 41261
- 1173
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