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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 156 · 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 ₹4800 grow to in 3 years at 25% per year compound interest (in ₹)?
  2. 2.What amount will ₹36900 grow to in 1 year at 10% per year compound interest (in ₹)?
  3. 3.What is the difference between the compound interest and the simple interest on ₹25000 at 4% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹16000 at 5% per year for 3 years, compounded every year (in ₹).
  5. 5.What amount will ₹28300 grow to in 1 year at 10% per year compound interest (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
  7. 7.What amount will ₹56000 grow to in 3 years at 5% per year compound interest (in ₹)?
  8. 8.Find the compound interest on ₹50000 at 8% per year for 2 years, compounded every year (in ₹).
  9. 9.Find the compound interest on ₹2000 at 20% per year for 3 years, compounded every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹2000 at 25% per year for 2 years (in ₹)?
  11. 11.Find the compound interest on ₹1600 at 25% per year for 3 years, compounded every year (in ₹).
  12. 12.A town has 42000 people. The population grows by 20% every year. What will the population be after 3 years?
  13. 13.Find the compound interest on ₹22100 at 5% per year for 1 year, compounded every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹5800 at 15% per year for 1 year, compounded every year (in ₹).
  16. 16.Find the compound interest on ₹14000 at 5% per year for 2 years, compounded every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹59000 at 10% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹10800 at 5% per year for 2 years (in ₹)?
  19. 19.What amount will ₹21600 grow to in 2 years at 5% per year compound interest (in ₹)?
  20. 20.Find the compound interest on ₹13600 at 25% per year for 2 years, compounded every year (in ₹).
  21. 21.Find the compound interest on ₹59900 at 10% per year for 2 years, compounded every year (in ₹).
  22. 22.What amount will ₹10000 grow to in 2 years at 12% per year compound interest (in ₹)?
  23. 23.A town has 4800 people. The population grows by 5% every year. What will the population be after 2 years?
  24. 24.What amount will ₹2400 grow to in 2 years at 5% per year compound interest (in ₹)?
  25. 25.What amount will ₹58200 grow to in 1 year at 20% per year compound interest (in ₹)?
  26. 26.A scooter is worth ₹26000. Its value falls by 10% every year. What will it be worth after 2 years (in ₹)?
  27. 27.What amount will ₹8000 grow to in 3 years at 5% per year compound interest (in ₹)?
  28. 28.Find the compound interest on ₹27800 at 12% per year for 1 year, compounded every year (in ₹).
  29. 29.Find the compound interest on ₹22100 at 12% per year for 1 year, compounded every year (in ₹).
  30. 30.Find the compound interest on ₹56000 at 5% per year for 3 years, compounded every year (in ₹).
  31. 31.Find the compound interest on ₹2900 at 20% per year for 1 year, compounded every year (in ₹).
  32. 32.What amount will ₹17600 grow to in 2 years at 15% per year compound interest (in ₹)?
  33. 33.What amount will ₹51200 grow to in 2 years at 25% per year compound interest (in ₹)?
  34. 34.Find the compound interest on ₹27900 at 8% per year for 1 year, compounded every year (in ₹).
  35. 35.What amount will ₹2600 grow to in 2 years at 10% per year compound interest (in ₹)?
  36. 36.Find the compound interest on ₹8000 at 15% per year for 3 years, compounded every year (in ₹).
  37. 37.Find the compound interest on ₹10000 at 10% per year for 3 years, compounded every year (in ₹).
  38. 38.Find the compound interest on ₹18100 at 10% per year for 2 years, compounded every year (in ₹).
  39. 39.Find the compound interest on ₹22500 at 12% per year for 2 years, compounded every year (in ₹).
  40. 40.A town has 33600 people. The population grows by 10% every year. What will the population be after 1 year?

Answer key

  1. 9375
  2. 40590
  3. 40
  4. 2522
  5. 31130
  6. 44
  7. 64827
  8. 8320
  9. 1456
  10. 125
  11. 1525
  12. 72576
  13. 1105
  14. 240
  15. 870
  16. 1435
  17. 590
  18. 27
  19. 23814
  20. 7650
  21. 12579
  22. 12544
  23. 5292
  24. 2646
  25. 69840
  26. 21060
  27. 9261
  28. 3336
  29. 2652
  30. 8827
  31. 580
  32. 23276
  33. 80000
  34. 2232
  35. 3146
  36. 4167
  37. 3310
  38. 3801
  39. 5724
  40. 36960

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