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 ₹14300 at 10% per year for 2 years (in ₹)?
- 2.Find the amount when ₹45000 is invested at 4% per year compound interest for 2 years (in ₹).
- 3.Find the amount when ₹31125 is invested at 20% per year compound interest for 3 years (in ₹).
- 4.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
- 5.Find the amount when ₹45600 is invested at 5% per year compound interest for 2 years (in ₹).
- 6.Find the amount when ₹34375 is invested at 20% per year compound interest for 3 years (in ₹).
- 7.Find the amount when ₹7550 is invested at 20% per year compound interest for 2 years (in ₹).
- 8.Find the compound interest on ₹34375 at 4% per year for 2 years, added every year (in ₹).
- 9.Find the amount when ₹5875 is invested at 20% per year compound interest for 3 years (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹48800 at 25% per year for 2 years (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹34000 at 15% per year for 2 years (in ₹)?
- 12.Find the amount when ₹22000 is invested at 10% per year compound interest for 3 years (in ₹).
- 13.Find the compound interest on ₹35100 at 20% per year for 2 years, added every year (in ₹).
- 14.Find the compound interest on ₹26752 at 25% per year for 3 years, added every year (in ₹).
- 15.Find the amount when ₹40500 is invested at 10% per year compound interest for 2 years (in ₹).
- 16.Find the compound interest on ₹27500 at 12% per year for 2 years, added every year (in ₹).
- 17.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
- 18.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 19.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
- 20.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
- 22.Find the amount when ₹15600 is invested at 5% per year compound interest for 2 years (in ₹).
- 23.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
- 24.Find the compound interest on ₹22800 at 5% per year for 2 years, added every year (in ₹).
- 25.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹17500 at 12% per year for 2 years (in ₹)?
- 28.Find the amount when ₹47000 is invested at 10% per year compound interest for 3 years (in ₹).
- 29.Find the amount when ₹28750 is invested at 12% per year compound interest for 2 years (in ₹).
- 30.Find the compound interest on ₹3000 at 10% per year for 3 years, added every year (in ₹).
- 31.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹36896 is invested at 25% per year compound interest for 2 years (in ₹).
- 33.Find the amount when ₹40800 is invested at 5% per year compound interest for 2 years (in ₹).
- 34.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
- 35.Find the compound interest on ₹23025 at 20% per year for 2 years, added every year (in ₹).
- 36.Find the compound interest on ₹29600 at 15% per year for 2 years, added every year (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹37200 at 25% per year for 2 years (in ₹)?
- 38.Find the amount when ₹8125 is invested at 4% per year compound interest for 2 years (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹9100 at 10% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹16000 at 25% per year for 2 years (in ₹)?
Answer key
- 143
- 48672
- 53784
- 19683
- 50274
- 59400
- 10872
- 2805
- 10152
- 3050
- 765
- 29282
- 15444
- 25498
- 49005
- 6996
- 3902
- 39366
- 4058
- 25002
- 32
- 17199
- 6327
- 2337
- 216
- 5853
- 252
- 62557
- 36064
- 993
- 21952
- 57650
- 44982
- 8116
- 10131
- 9546
- 2325
- 8788
- 91
- 1000
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