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 ₹24400 at 25% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹14000 at 20% per year for 2 years (in ₹)?
- 3.Find the amount when ₹30625 is invested at 12% per year compound interest for 2 years (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹36400 at 15% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
- 6.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
- 8.Find the amount when ₹10000 is invested at 12% per year compound interest for 2 years (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹25400 at 20% per year for 2 years (in ₹)?
- 10.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
- 11.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹39700 at 10% per year for 2 years, added every year (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹34800 at 15% per year for 2 years (in ₹)?
- 14.Find the amount when ₹33125 is invested at 12% per year compound interest for 2 years (in ₹).
- 15.Find the compound interest on ₹23750 at 4% per year for 2 years, added every year (in ₹).
- 16.Find the compound interest on ₹36750 at 20% per year for 3 years, added every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹40000 at 4% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 21.Find the amount when ₹3000 is invested at 10% per year compound interest for 3 years (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹17500 at 12% per year for 2 years (in ₹)?
- 23.Find the amount when ₹50000 is invested at 4% per year compound interest for 2 years (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹48200 at 10% per year for 2 years (in ₹)?
- 25.What is the difference between the compound interest and the simple interest on ₹42500 at 10% per year for 2 years (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹40200 at 10% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹26000 at 15% per year for 2 years, added every year (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹20500 at 10% per year for 2 years (in ₹)?
- 29.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 30.What is the difference between the compound interest and the simple interest on ₹24800 at 15% per year for 2 years (in ₹)?
- 31.Find the compound interest on ₹5000 at 12% per year for 2 years, added every year (in ₹).
- 32.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 33.Find the amount when ₹29392 is invested at 25% per year compound interest for 2 years (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹19200 at 10% per year for 2 years (in ₹)?
- 35.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 36.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 37.Find the compound interest on ₹27500 at 12% per year for 2 years, added every year (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹43200 at 5% per year for 2 years (in ₹)?
- 39.Find the amount when ₹45000 is invested at 10% per year compound interest for 2 years (in ₹).
- 40.Find the amount when ₹6080 is invested at 25% per year compound interest for 3 years (in ₹).
Answer key
- 1525
- 560
- 38416
- 819
- 80
- 19683
- 576
- 12544
- 1016
- 27783
- 224
- 8337
- 783
- 41552
- 1938
- 26754
- 64
- 28
- 240
- 304
- 3993
- 252
- 54080
- 482
- 425
- 402
- 8385
- 205
- 272
- 558
- 1272
- 6327
- 45925
- 192
- 21952
- 4167
- 6996
- 108
- 54450
- 11875
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