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.
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- 1.What is the difference between the compound interest and the simple interest on ₹28500 at 20% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹12375 at 20% per year for 3 years, added every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹47500 at 12% per year for 2 years (in ₹)?
- 4.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹6000 at 15% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹6625 at 20% per year for 3 years, added every year (in ₹).
- 7.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹19000 at 10% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹27600 at 5% per year for 2 years (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹1400 at 20% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹32320 at 25% per year for 3 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹45000 at 4% per year for 2 years (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹7600 at 5% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹43125 at 8% per year for 2 years, added every year (in ₹).
- 15.Find the amount when ₹19100 is invested at 20% per year compound interest for 2 years (in ₹).
- 16.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹35200 at 25% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹12000 at 10% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹2800 at 5% per year for 2 years (in ₹)?
- 21.Find the compound interest on ₹13056 at 25% per year for 3 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹2000 at 15% per year for 2 years (in ₹)?
- 23.What is the difference between the compound interest and the simple interest on ₹27500 at 8% per year for 2 years (in ₹)?
- 24.Find the amount when ₹24768 is invested at 25% per year compound interest for 3 years (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹31100 at 10% per year for 2 years (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹49600 at 25% per year for 3 years, added every year (in ₹).
- 28.Find the compound interest on ₹31250 at 4% per year for 2 years, added every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹43600 at 5% per year for 2 years (in ₹)?
- 30.What is the difference between the compound interest and the simple interest on ₹20000 at 5% per year for 2 years (in ₹)?
- 31.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹21200 at 15% per year for 2 years (in ₹)?
- 33.Find the amount when ₹31875 is invested at 12% per year compound interest for 2 years (in ₹).
- 34.Find the compound interest on ₹1875 at 8% per year for 2 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹5700 at 10% per year for 2 years (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
- 37.Find the compound interest on ₹30000 at 12% per year for 2 years, added every year (in ₹).
- 38.Find the compound interest on ₹27875 at 20% per year for 3 years, added every year (in ₹).
- 39.Find the amount when ₹39375 is invested at 8% per year compound interest for 2 years (in ₹).
- 40.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
Answer key
- 1140
- 9009
- 684
- 73002
- 135
- 4823
- 43904
- 190
- 69
- 56
- 30805
- 72
- 19
- 7176
- 27504
- 18981
- 2200
- 5853
- 120
- 7
- 12444
- 45
- 176
- 48375
- 311
- 540
- 47275
- 2550
- 109
- 50
- 7566
- 477
- 39984
- 312
- 57
- 180
- 7632
- 20293
- 45927
- 36501
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