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 ₹39600 at 15% per year for 2 years (in ₹)?
- 2.Find the amount when ₹22000 is invested at 10% per year compound interest for 3 years (in ₹).
- 3.Find the amount when ₹40000 is invested at 5% per year compound interest for 2 years (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹35600 at 25% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹13200 at 5% 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 ₹37500 at 8% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹45200 at 20% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹3200 at 5% per year for 2 years (in ₹)?
- 10.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 11.Find the amount when ₹27000 is invested at 10% per year compound interest for 3 years (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹21250 at 8% per year for 2 years, added every year (in ₹).
- 14.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
- 15.Find the amount when ₹44375 is invested at 4% per year compound interest for 2 years (in ₹).
- 16.Find the compound interest on ₹25100 at 10% per year for 2 years, added every year (in ₹).
- 17.Find the amount when ₹41425 is invested at 20% per year compound interest for 2 years (in ₹).
- 18.Find the compound interest on ₹27300 at 20% per year for 2 years, added every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹28000 at 5% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹1200 at 20% per year for 2 years (in ₹)?
- 21.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 22.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 23.Find the amount when ₹28000 is invested at 5% per year compound interest for 2 years (in ₹).
- 24.Find the compound interest on ₹2250 at 20% per year for 2 years, added every year (in ₹).
- 25.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
- 26.Find the amount when ₹37184 is invested at 25% per year compound interest for 3 years (in ₹).
- 27.Find the amount when ₹31008 is invested at 25% per year compound interest for 2 years (in ₹).
- 28.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 29.Find the compound interest on ₹9000 at 10% per year for 3 years, added every year (in ₹).
- 30.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 31.Find the amount when ₹5600 is invested at 5% per year compound interest for 2 years (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹9600 at 5% per year for 2 years (in ₹)?
- 33.Find the amount when ₹9408 is invested at 25% per year compound interest for 3 years (in ₹).
- 34.Find the compound interest on ₹25000 at 4% per year for 2 years, added every year (in ₹).
- 35.Find the amount when ₹46000 is invested at 10% per year compound interest for 3 years (in ₹).
- 36.Find the amount when ₹6500 is invested at 10% per year compound interest for 2 years (in ₹).
- 37.Find the compound interest on ₹11600 at 15% per year for 2 years, added every year (in ₹).
- 38.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
- 39.Find the compound interest on ₹12600 at 10% per year for 2 years, added every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹28800 at 25% per year for 2 years (in ₹)?
Answer key
- 891
- 29282
- 44100
- 2225
- 33
- 19683
- 240
- 1808
- 8
- 4058
- 35937
- 144
- 3536
- 6305
- 47996
- 5271
- 59652
- 12012
- 70
- 48
- 39366
- 3902
- 30870
- 990
- 52728
- 72625
- 48450
- 4167
- 2979
- 21952
- 6174
- 24
- 18375
- 2040
- 61226
- 7865
- 3741
- 1951
- 2646
- 1800
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