Class 8 Maths Worksheet: Compound Interest
The method (Grow it every year): Year by year: new amount = amount × (100 + R) ÷ 100. Amount after T years = P × (1 + R/100)ᵀ; compound interest = amount − P. A value falling by R% each year: × (100 − R) ÷ 100 every year. For 2 years, CI − SI = P × R × R ÷ 10000.
NameDateTime takenScore ___ / 40
- 1.What amount will ₹16200 grow to in 2 years at 10% per year compound interest (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹41500 at 20% per year for 2 years (in ₹)?
- 3.What amount will ₹11000 grow to in 3 years at 20% per year compound interest (in ₹)?
- 4.A town has 15900 people. The population grows by 10% every year. What will the population be after 2 years?
- 5.What amount will ₹32000 grow to in 3 years at 15% per year compound interest (in ₹)?
- 6.What is the difference between the compound interest and the simple interest on ₹60000 at 4% per year for 2 years (in ₹)?
- 7.What amount will ₹48900 grow to in 2 years at 20% per year compound interest (in ₹)?
- 8.What amount will ₹34900 grow to in 1 year at 25% per year compound interest (in ₹)?
- 9.Find the compound interest on ₹5000 at 4% per year for 2 years, compounded every year (in ₹).
- 10.A town has 8700 people. The population grows by 25% every year. What will the population be after 1 year?
- 11.Find the compound interest on ₹56000 at 25% per year for 2 years, compounded every year (in ₹).
- 12.Find the compound interest on ₹12000 at 20% per year for 3 years, compounded every year (in ₹).
- 13.What amount will ₹12800 grow to in 2 years at 20% per year compound interest (in ₹)?
- 14.What amount will ₹9800 grow to in 1 year at 25% per year compound interest (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹31700 at 10% per year for 2 years (in ₹)?
- 16.What amount will ₹5000 grow to in 1 year at 10% per year compound interest (in ₹)?
- 17.Find the compound interest on ₹3900 at 5% per year for 1 year, compounded every year (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹55000 at 8% per year for 2 years (in ₹)?
- 19.What amount will ₹14100 grow to in 2 years at 20% per year compound interest (in ₹)?
- 20.Find the compound interest on ₹40700 at 25% per year for 1 year, compounded every year (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹45000 at 10% per year for 2 years (in ₹)?
- 22.What is the difference between the compound interest and the simple interest on ₹45100 at 10% per year for 2 years (in ₹)?
- 23.What amount will ₹42200 grow to in 1 year at 5% per year compound interest (in ₹)?
- 24.What is the difference between the compound interest and the simple interest on ₹21700 at 20% per year for 2 years (in ₹)?
- 25.What amount will ₹50800 grow to in 2 years at 5% per year compound interest (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹56200 at 20% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹40000 at 12% per year for 2 years, compounded every year (in ₹).
- 28.Find the compound interest on ₹2800 at 5% per year for 2 years, compounded every year (in ₹).
- 29.A town has 38400 people. The population grows by 25% every year. What will the population be after 3 years?
- 30.Find the compound interest on ₹5100 at 4% per year for 1 year, compounded every year (in ₹).
- 31.Find the compound interest on ₹32000 at 5% per year for 3 years, compounded every year (in ₹).
- 32.Find the compound interest on ₹12800 at 15% per year for 2 years, compounded every year (in ₹).
- 33.A town has 2800 people. The population grows by 10% every year. What will the population be after 1 year?
- 34.Find the compound interest on ₹34600 at 5% per year for 1 year, compounded every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹22200 at 10% per year for 2 years (in ₹)?
- 36.A town has 24000 people. The population grows by 15% every year. What will the population be after 3 years?
- 37.What amount will ₹45100 grow to in 1 year at 12% per year compound interest (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹29600 at 15% per year for 2 years (in ₹)?
- 39.What amount will ₹37500 grow to in 2 years at 8% per year compound interest (in ₹)?
- 40.A town has 7200 people. The population grows by 20% every year. What will the population be after 2 years?
Answer key
- 19602
- 1660
- 19008
- 19239
- 48668
- 96
- 70416
- 43625
- 408
- 10875
- 31500
- 8736
- 18432
- 12250
- 317
- 5500
- 195
- 352
- 20304
- 10175
- 450
- 451
- 44310
- 868
- 56007
- 2248
- 10176
- 287
- 75000
- 204
- 5044
- 4128
- 3080
- 1730
- 222
- 36501
- 50512
- 666
- 43740
- 10368
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