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 ₹15200 grow to in 1 year at 25% per year compound interest (in ₹)?
- 2.What amount will ₹51200 grow to in 3 years at 25% per year compound interest (in ₹)?
- 3.What is the difference between the compound interest and the simple interest on ₹11800 at 10% per year for 2 years (in ₹)?
- 4.What is the difference between the compound interest and the simple interest on ₹42500 at 4% per year for 2 years (in ₹)?
- 5.Find the compound interest on ₹8000 at 25% per year for 1 year, compounded every year (in ₹).
- 6.Find the compound interest on ₹17200 at 20% per year for 1 year, compounded every year (in ₹).
- 7.What amount will ₹50000 grow to in 2 years at 4% per year compound interest (in ₹)?
- 8.Find the compound interest on ₹40000 at 5% per year for 3 years, compounded every year (in ₹).
- 9.Find the compound interest on ₹11600 at 20% per year for 1 year, compounded every year (in ₹).
- 10.What amount will ₹5000 grow to in 2 years at 4% per year compound interest (in ₹)?
- 11.What amount will ₹49000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 12.A scooter is worth ₹37900. Its value falls by 5% every year. What will it be worth after 1 year (in ₹)?
- 13.What amount will ₹42000 grow to in 1 year at 20% per year compound interest (in ₹)?
- 14.What is the difference between the compound interest and the simple interest on ₹60000 at 8% per year for 2 years (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹42400 at 25% per year for 2 years (in ₹)?
- 16.Find the compound interest on ₹50000 at 4% per year for 2 years, compounded every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
- 18.A scooter is worth ₹11600. Its value falls by 25% every year. What will it be worth after 1 year (in ₹)?
- 19.A town has 44600 people. The population grows by 15% every year. What will the population be after 1 year?
- 20.What amount will ₹33100 grow to in 1 year at 10% per year compound interest (in ₹)?
- 21.A town has 34700 people. The population grows by 20% every year. What will the population be after 1 year?
- 22.A scooter is worth ₹49300. Its value falls by 10% every year. What will it be worth after 2 years (in ₹)?
- 23.Find the compound interest on ₹58300 at 15% per year for 1 year, compounded every year (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹32500 at 10% per year for 2 years (in ₹)?
- 25.What amount will ₹58200 grow to in 1 year at 12% per year compound interest (in ₹)?
- 26.A town has 34400 people. The population grows by 5% every year. What will the population be after 2 years?
- 27.What amount will ₹40500 grow to in 3 years at 20% per year compound interest (in ₹)?
- 28.What is the difference between the compound interest and the simple interest on ₹36900 at 20% per year for 2 years (in ₹)?
- 29.Find the compound interest on ₹13000 at 10% per year for 2 years, compounded every year (in ₹).
- 30.What amount will ₹54900 grow to in 1 year at 5% per year compound interest (in ₹)?
- 31.What amount will ₹49200 grow to in 1 year at 5% per year compound interest (in ₹)?
- 32.What amount will ₹22400 grow to in 3 years at 25% per year compound interest (in ₹)?
- 33.A scooter is worth ₹47000. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
- 34.What amount will ₹10000 grow to in 3 years at 20% per year compound interest (in ₹)?
- 35.A scooter is worth ₹12100. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹7600 at 25% per year for 2 years (in ₹)?
- 37.What is the difference between the compound interest and the simple interest on ₹32200 at 10% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 39.Find the compound interest on ₹17400 at 15% per year for 1 year, compounded every year (in ₹).
- 40.Find the compound interest on ₹46400 at 25% per year for 2 years, compounded every year (in ₹).
Answer key
- 19000
- 100000
- 118
- 68
- 2000
- 3440
- 54080
- 6305
- 2320
- 5408
- 65219
- 36005
- 50400
- 384
- 2650
- 4080
- 360
- 8700
- 51290
- 36410
- 41640
- 39933
- 8745
- 325
- 65184
- 37926
- 69984
- 1476
- 2730
- 57645
- 51660
- 43750
- 42300
- 17280
- 10890
- 475
- 322
- 8
- 2610
- 26100
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