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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 130 · 40 sums
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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. 1.What amount will ₹16200 grow to in 2 years at 10% per year compound interest (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹41500 at 20% per year for 2 years (in ₹)?
  3. 3.What amount will ₹11000 grow to in 3 years at 20% per year compound interest (in ₹)?
  4. 4.A town has 15900 people. The population grows by 10% every year. What will the population be after 2 years?
  5. 5.What amount will ₹32000 grow to in 3 years at 15% per year compound interest (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹60000 at 4% per year for 2 years (in ₹)?
  7. 7.What amount will ₹48900 grow to in 2 years at 20% per year compound interest (in ₹)?
  8. 8.What amount will ₹34900 grow to in 1 year at 25% per year compound interest (in ₹)?
  9. 9.Find the compound interest on ₹5000 at 4% per year for 2 years, compounded every year (in ₹).
  10. 10.A town has 8700 people. The population grows by 25% every year. What will the population be after 1 year?
  11. 11.Find the compound interest on ₹56000 at 25% per year for 2 years, compounded every year (in ₹).
  12. 12.Find the compound interest on ₹12000 at 20% per year for 3 years, compounded every year (in ₹).
  13. 13.What amount will ₹12800 grow to in 2 years at 20% per year compound interest (in ₹)?
  14. 14.What amount will ₹9800 grow to in 1 year at 25% per year compound interest (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹31700 at 10% per year for 2 years (in ₹)?
  16. 16.What amount will ₹5000 grow to in 1 year at 10% per year compound interest (in ₹)?
  17. 17.Find the compound interest on ₹3900 at 5% per year for 1 year, compounded every year (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹55000 at 8% per year for 2 years (in ₹)?
  19. 19.What amount will ₹14100 grow to in 2 years at 20% per year compound interest (in ₹)?
  20. 20.Find the compound interest on ₹40700 at 25% per year for 1 year, compounded every year (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹45000 at 10% per year for 2 years (in ₹)?
  22. 22.What is the difference between the compound interest and the simple interest on ₹45100 at 10% per year for 2 years (in ₹)?
  23. 23.What amount will ₹42200 grow to in 1 year at 5% per year compound interest (in ₹)?
  24. 24.What is the difference between the compound interest and the simple interest on ₹21700 at 20% per year for 2 years (in ₹)?
  25. 25.What amount will ₹50800 grow to in 2 years at 5% per year compound interest (in ₹)?
  26. 26.What is the difference between the compound interest and the simple interest on ₹56200 at 20% per year for 2 years (in ₹)?
  27. 27.Find the compound interest on ₹40000 at 12% per year for 2 years, compounded every year (in ₹).
  28. 28.Find the compound interest on ₹2800 at 5% per year for 2 years, compounded every year (in ₹).
  29. 29.A town has 38400 people. The population grows by 25% every year. What will the population be after 3 years?
  30. 30.Find the compound interest on ₹5100 at 4% per year for 1 year, compounded every year (in ₹).
  31. 31.Find the compound interest on ₹32000 at 5% per year for 3 years, compounded every year (in ₹).
  32. 32.Find the compound interest on ₹12800 at 15% per year for 2 years, compounded every year (in ₹).
  33. 33.A town has 2800 people. The population grows by 10% every year. What will the population be after 1 year?
  34. 34.Find the compound interest on ₹34600 at 5% per year for 1 year, compounded every year (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹22200 at 10% per year for 2 years (in ₹)?
  36. 36.A town has 24000 people. The population grows by 15% every year. What will the population be after 3 years?
  37. 37.What amount will ₹45100 grow to in 1 year at 12% per year compound interest (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹29600 at 15% per year for 2 years (in ₹)?
  39. 39.What amount will ₹37500 grow to in 2 years at 8% per year compound interest (in ₹)?
  40. 40.A town has 7200 people. The population grows by 20% every year. What will the population be after 2 years?

Answer key

  1. 19602
  2. 1660
  3. 19008
  4. 19239
  5. 48668
  6. 96
  7. 70416
  8. 43625
  9. 408
  10. 10875
  11. 31500
  12. 8736
  13. 18432
  14. 12250
  15. 317
  16. 5500
  17. 195
  18. 352
  19. 20304
  20. 10175
  21. 450
  22. 451
  23. 44310
  24. 868
  25. 56007
  26. 2248
  27. 10176
  28. 287
  29. 75000
  30. 204
  31. 5044
  32. 4128
  33. 3080
  34. 1730
  35. 222
  36. 36501
  37. 50512
  38. 666
  39. 43740
  40. 10368

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