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 ₹40000 at 15% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹21000 at 20% per year for 2 years (in ₹)?
- 3.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
- 4.Find the compound interest on ₹18400 at 10% per year for 2 years, added every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
- 6.What is the difference between the compound interest and the simple interest on ₹5600 at 5% per year for 2 years (in ₹)?
- 7.Find the amount when ₹48000 is invested at 10% per year compound interest for 3 years (in ₹).
- 8.Find the compound interest on ₹20675 at 20% per year for 2 years, added every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 10.Find the amount when ₹9000 is invested at 10% per year compound interest for 3 years (in ₹).
- 11.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
- 12.Find the compound interest on ₹12500 at 8% per year for 2 years, added every year (in ₹).
- 13.Find the compound interest on ₹28750 at 4% per year for 2 years, added every year (in ₹).
- 14.Find the compound interest on ₹22400 at 5% per year for 2 years, added every year (in ₹).
- 15.Find the amount when ₹37920 is invested at 25% per year compound interest for 2 years (in ₹).
- 16.Find the amount when ₹20000 is invested at 4% per year compound interest for 2 years (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹6800 at 5% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹25000 at 4% per year for 2 years (in ₹)?
- 19.Find the amount when ₹38125 is invested at 12% per year compound interest for 2 years (in ₹).
- 20.Find the compound interest on ₹47000 at 10% per year for 3 years, added every year (in ₹).
- 21.Find the amount when ₹42500 is invested at 4% per year compound interest for 2 years (in ₹).
- 22.Find the compound interest on ₹14000 at 10% per year for 3 years, added every year (in ₹).
- 23.Find the amount when ₹6250 is invested at 8% per year compound interest for 2 years (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 ₹33600 at 5% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹11900 at 10% per year for 2 years, added every year (in ₹).
- 27.Find the compound interest on ₹3456 at 25% per year for 3 years, added every year (in ₹).
- 28.Find the amount when ₹23475 is invested at 20% per year compound interest for 2 years (in ₹).
- 29.Find the amount when ₹15625 is invested at 4% per year compound interest for 2 years (in ₹).
- 30.Find the amount when ₹41500 is invested at 10% per year compound interest for 2 years (in ₹).
- 31.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
- 32.Find the amount when ₹15000 is invested at 12% per year compound interest for 2 years (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹29600 at 15% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹16800 at 15% per year for 2 years (in ₹)?
- 36.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 38.Find the compound interest on ₹12400 at 20% per year for 2 years, added every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹36100 at 10% per year for 2 years (in ₹)?
- 40.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
Answer key
- 900
- 840
- 43904
- 3864
- 16
- 14
- 63888
- 9097
- 8
- 11979
- 12167
- 2080
- 2346
- 2296
- 59250
- 21632
- 17
- 40
- 47824
- 15557
- 45968
- 4634
- 7290
- 59049
- 84
- 2499
- 3294
- 33804
- 16900
- 50215
- 36501
- 18816
- 666
- 4167
- 378
- 39366
- 36
- 5456
- 361
- 37044
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