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 ₹24500 at 20% per year for 2 years (in ₹)?
- 2.Find the amount when ₹40625 is invested at 12% per year compound interest for 2 years (in ₹).
- 3.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 4.Find the amount when ₹14900 is invested at 10% per year compound interest for 2 years (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹22000 at 5% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
- 7.Find the amount when ₹38600 is invested at 10% per year compound interest for 2 years (in ₹).
- 8.What is the difference between the compound interest and the simple interest on ₹11700 at 20% per year for 2 years (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹18400 at 5% 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.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
- 12.What is the difference between the compound interest and the simple interest on ₹5600 at 15% per year for 2 years (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹31600 at 15% per year for 2 years (in ₹)?
- 14.Find the amount when ₹18625 is invested at 20% per year compound interest for 3 years (in ₹).
- 15.Find the amount when ₹50000 is invested at 10% per year compound interest for 3 years (in ₹).
- 16.Find the amount when ₹13600 is invested at 15% per year compound interest for 2 years (in ₹).
- 17.Find the compound interest on ₹43750 at 20% per year for 3 years, added every year (in ₹).
- 18.Find the amount when ₹10400 is invested at 15% per year compound interest for 2 years (in ₹).
- 19.Find the compound interest on ₹2976 at 25% per year for 2 years, added every year (in ₹).
- 20.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
- 21.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹26800 at 25% per year for 2 years (in ₹)?
- 23.Find the amount when ₹32000 is invested at 15% per year compound interest for 2 years (in ₹).
- 24.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
- 25.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 26.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
- 27.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
- 28.Find the amount when ₹47568 is invested at 25% per year compound interest for 2 years (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
- 30.Find the amount when ₹20000 is invested at 15% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹39376 is invested at 25% per year compound interest for 2 years (in ₹).
- 33.Find the compound interest on ₹11375 at 20% per year for 3 years, added every year (in ₹).
- 34.What is the difference between the compound interest and the simple interest on ₹44000 at 25% per year for 2 years (in ₹)?
- 35.What is the difference between the compound interest and the simple interest on ₹2500 at 4% per year for 2 years (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹3200 at 5% per year for 2 years (in ₹)?
- 37.Find the amount when ₹5175 is invested at 20% per year compound interest for 2 years (in ₹).
- 38.Find the amount when ₹6300 is invested at 10% per year compound interest for 2 years (in ₹).
- 39.Find the amount when ₹6080 is invested at 25% per year compound interest for 3 years (in ₹).
- 40.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
Answer key
- 980
- 50960
- 4058
- 18029
- 55
- 12654
- 46706
- 468
- 46
- 27783
- 5853
- 126
- 711
- 32184
- 66550
- 17986
- 31850
- 13754
- 1674
- 73002
- 8116
- 1675
- 42320
- 16668
- 36501
- 35152
- 18522
- 74325
- 224
- 26450
- 9261
- 61525
- 8281
- 2750
- 4
- 8
- 7452
- 7623
- 11875
- 12167
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