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 is the difference between the compound interest and the simple interest on ₹45200 at 25% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹46400 at 10% per year for 1 year, compounded every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 4.What is the difference between the compound interest and the simple interest on ₹40000 at 4% per year for 2 years (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹30000 at 8% per year for 2 years, compounded every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹22000 at 15% per year for 2 years (in ₹)?
- 8.Find the compound interest on ₹20000 at 4% per year for 2 years, compounded every year (in ₹).
- 9.What amount will ₹41400 grow to in 1 year at 25% per year compound interest (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹53200 at 5% per year for 2 years (in ₹)?
- 11.A scooter is worth ₹6000. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?
- 12.Find the compound interest on ₹7500 at 8% per year for 2 years, compounded every year (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹35700 at 20% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹52400 at 15% per year for 2 years, compounded every year (in ₹).
- 15.What amount will ₹43300 grow to in 1 year at 15% per year compound interest (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹27500 at 8% per year for 2 years (in ₹)?
- 17.A town has 6400 people. The population grows by 15% every year. What will the population be after 2 years?
- 18.A scooter is worth ₹5000. Its value falls by 20% every year. What will it be worth after 3 years (in ₹)?
- 19.What amount will ₹5400 grow to in 1 year at 25% per year compound interest (in ₹)?
- 20.What amount will ₹16000 grow to in 3 years at 15% per year compound interest (in ₹)?
- 21.What is the difference between the compound interest and the simple interest on ₹14400 at 5% per year for 2 years (in ₹)?
- 22.A town has 41000 people. The population grows by 10% every year. What will the population be after 3 years?
- 23.Find the compound interest on ₹56000 at 5% per year for 2 years, compounded every year (in ₹).
- 24.Find the compound interest on ₹37600 at 5% per year for 1 year, compounded every year (in ₹).
- 25.A scooter is worth ₹24600. Its value falls by 5% every year. What will it be worth after 1 year (in ₹)?
- 26.What amount will ₹52800 grow to in 2 years at 15% per year compound interest (in ₹)?
- 27.Find the compound interest on ₹43600 at 25% per year for 1 year, compounded every year (in ₹).
- 28.Find the compound interest on ₹12400 at 20% per year for 2 years, compounded every year (in ₹).
- 29.A town has 48000 people. The population grows by 25% every year. What will the population be after 3 years?
- 30.Find the compound interest on ₹41200 at 25% per year for 2 years, compounded every year (in ₹).
- 31.A town has 32500 people. The population grows by 12% every year. What will the population be after 2 years?
- 32.What amount will ₹8000 grow to in 3 years at 25% per year compound interest (in ₹)?
- 33.What amount will ₹56200 grow to in 1 year at 10% per year compound interest (in ₹)?
- 34.What amount will ₹12500 grow to in 2 years at 12% per year compound interest (in ₹)?
- 35.Find the compound interest on ₹43100 at 10% per year for 2 years, compounded every year (in ₹).
- 36.What amount will ₹59900 grow to in 1 year at 20% per year compound interest (in ₹)?
- 37.What is the difference between the compound interest and the simple interest on ₹17200 at 15% per year for 2 years (in ₹)?
- 38.What amount will ₹45700 grow to in 1 year at 5% per year compound interest (in ₹)?
- 39.What amount will ₹48400 grow to in 2 years at 15% per year compound interest (in ₹)?
- 40.Find the compound interest on ₹7400 at 5% per year for 1 year, compounded every year (in ₹).
Answer key
- 2825
- 4640
- 48
- 64
- 80
- 4992
- 495
- 1632
- 51750
- 133
- 4335
- 1248
- 1428
- 16899
- 49795
- 176
- 8464
- 2560
- 6750
- 24334
- 36
- 54571
- 5740
- 1880
- 23370
- 69828
- 10900
- 5456
- 93750
- 23175
- 40768
- 15625
- 61820
- 15680
- 9051
- 71880
- 387
- 47985
- 64009
- 370
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets