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 ₹10400 at 5% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 5.Find the amount when ₹16250 is invested at 4% per year compound interest for 2 years (in ₹).
- 6.Find the amount when ₹5000 is invested at 12% per year compound interest for 2 years (in ₹).
- 7.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 9.Find the compound interest on ₹10000 at 20% per year for 3 years, added every year (in ₹).
- 10.Find the amount when ₹7375 is invested at 20% per year compound interest for 3 years (in ₹).
- 11.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
- 12.Find the amount when ₹18500 is invested at 20% per year compound interest for 3 years (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹800 at 5% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹25200 at 10% per year for 2 years, added every year (in ₹).
- 15.Find the compound interest on ₹6700 at 10% per year for 2 years, added every year (in ₹).
- 16.Find the amount when ₹29776 is invested at 25% per year compound interest for 2 years (in ₹).
- 17.Find the compound interest on ₹13125 at 4% per year for 2 years, added every year (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹45000 at 4% per year for 2 years (in ₹)?
- 19.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 20.Find the amount when ₹12500 is invested at 12% per year compound interest for 2 years (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
- 22.Find the amount when ₹30608 is invested at 25% per year compound interest for 2 years (in ₹).
- 23.What is the difference between the compound interest and the simple interest on ₹50000 at 12% per year for 2 years (in ₹)?
- 24.Find the compound interest on ₹37000 at 10% per year for 3 years, added every year (in ₹).
- 25.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹41100 at 20% per year for 2 years (in ₹)?
- 27.Find the amount when ₹11728 is invested at 25% per year compound interest for 2 years (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
- 29.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
- 30.Find the amount when ₹17500 is invested at 12% per year compound interest for 2 years (in ₹).
- 31.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
- 32.Find the amount when ₹10625 is invested at 4% per year compound interest for 2 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹24900 at 10% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹25600 at 10% per year for 2 years, added every year (in ₹).
- 35.Find the amount when ₹1300 is invested at 20% per year compound interest for 2 years (in ₹).
- 36.Find the amount when ₹3750 is invested at 4% per year compound interest for 2 years (in ₹).
- 37.Find the amount when ₹30000 is invested at 12% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹1200 is invested at 15% per year compound interest for 2 years (in ₹).
- 39.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 40.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
Answer key
- 26
- 272
- 12654
- 304
- 17576
- 6272
- 17576
- 8
- 7280
- 12744
- 46305
- 31968
- 2
- 5292
- 1407
- 46525
- 1071
- 72
- 4058
- 15680
- 144
- 47825
- 720
- 12247
- 6327
- 1644
- 18325
- 180
- 60835
- 21952
- 12174
- 11492
- 249
- 5376
- 1872
- 4056
- 37632
- 1587
- 35152
- 36501
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