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 ₹32500 at 12% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹29800 at 10% per year for 2 years (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹40800 at 5% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹44375 at 12% per year for 2 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
- 6.Find the amount when ₹31250 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 ₹21000 at 10% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹29200 at 25% per year for 2 years (in ₹)?
- 9.Find the amount when ₹22000 is invested at 10% per year compound interest for 3 years (in ₹).
- 10.Find the amount when ₹5625 is invested at 12% per year compound interest for 2 years (in ₹).
- 11.Find the amount when ₹14016 is invested at 25% per year compound interest for 3 years (in ₹).
- 12.Find the compound interest on ₹20000 at 8% per year for 2 years, added every year (in ₹).
- 13.Find the amount when ₹8750 is invested at 4% per year compound interest for 2 years (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹49200 at 20% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹35000 at 10% per year for 3 years, added every year (in ₹).
- 16.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 17.Find the amount when ₹13500 is invested at 20% per year compound interest for 3 years (in ₹).
- 18.Find the amount when ₹25600 is invested at 5% per year compound interest for 2 years (in ₹).
- 19.Find the amount when ₹14875 is invested at 20% per year compound interest for 3 years (in ₹).
- 20.Find the amount when ₹41875 is invested at 12% per year compound interest for 2 years (in ₹).
- 21.Find the amount when ₹23200 is invested at 5% per year compound interest for 2 years (in ₹).
- 22.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
- 23.Find the compound interest on ₹49152 at 25% per year for 3 years, added every year (in ₹).
- 24.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹12200 at 10% per year for 2 years (in ₹)?
- 26.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 27.Find the amount when ₹28400 is invested at 10% per year compound interest for 2 years (in ₹).
- 28.Find the amount when ₹32272 is invested at 25% per year compound interest for 2 years (in ₹).
- 29.Find the compound interest on ₹30250 at 20% per year for 3 years, added every year (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹39100 at 20% per year for 2 years (in ₹)?
- 31.Find the amount when ₹13200 is invested at 5% per year compound interest for 2 years (in ₹).
- 32.Find the amount when ₹33850 is invested at 20% per year compound interest for 2 years (in ₹).
- 33.Find the compound interest on ₹29700 at 20% per year for 2 years, added every year (in ₹).
- 34.Find the compound interest on ₹6250 at 12% per year for 2 years, added every year (in ₹).
- 35.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 36.Find the amount when ₹6240 is invested at 25% per year compound interest for 2 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹30900 at 20% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹15600 at 15% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹31200 at 5% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹400 at 5% per year for 2 years (in ₹)?
Answer key
- 468
- 298
- 102
- 11289
- 540
- 39366
- 210
- 1825
- 29282
- 7056
- 27375
- 3328
- 9464
- 1968
- 11585
- 4058
- 23328
- 28224
- 25704
- 52528
- 25578
- 60835
- 46848
- 59049
- 122
- 18522
- 34364
- 50425
- 22022
- 1564
- 14553
- 48744
- 13068
- 1590
- 17576
- 9750
- 1236
- 351
- 78
- 1
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