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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 159 · 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 is the difference between the compound interest and the simple interest on ₹45200 at 25% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹46400 at 10% per year for 1 year, compounded every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  4. 4.What is the difference between the compound interest and the simple interest on ₹40000 at 4% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹30000 at 8% per year for 2 years, compounded every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹22000 at 15% per year for 2 years (in ₹)?
  8. 8.Find the compound interest on ₹20000 at 4% per year for 2 years, compounded every year (in ₹).
  9. 9.What amount will ₹41400 grow to in 1 year at 25% per year compound interest (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹53200 at 5% per year for 2 years (in ₹)?
  11. 11.A scooter is worth ₹6000. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?
  12. 12.Find the compound interest on ₹7500 at 8% per year for 2 years, compounded every year (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹35700 at 20% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹52400 at 15% per year for 2 years, compounded every year (in ₹).
  15. 15.What amount will ₹43300 grow to in 1 year at 15% per year compound interest (in ₹)?
  16. 16.What is the difference between the compound interest and the simple interest on ₹27500 at 8% per year for 2 years (in ₹)?
  17. 17.A town has 6400 people. The population grows by 15% every year. What will the population be after 2 years?
  18. 18.A scooter is worth ₹5000. Its value falls by 20% every year. What will it be worth after 3 years (in ₹)?
  19. 19.What amount will ₹5400 grow to in 1 year at 25% per year compound interest (in ₹)?
  20. 20.What amount will ₹16000 grow to in 3 years at 15% per year compound interest (in ₹)?
  21. 21.What is the difference between the compound interest and the simple interest on ₹14400 at 5% per year for 2 years (in ₹)?
  22. 22.A town has 41000 people. The population grows by 10% every year. What will the population be after 3 years?
  23. 23.Find the compound interest on ₹56000 at 5% per year for 2 years, compounded every year (in ₹).
  24. 24.Find the compound interest on ₹37600 at 5% per year for 1 year, compounded every year (in ₹).
  25. 25.A scooter is worth ₹24600. Its value falls by 5% every year. What will it be worth after 1 year (in ₹)?
  26. 26.What amount will ₹52800 grow to in 2 years at 15% per year compound interest (in ₹)?
  27. 27.Find the compound interest on ₹43600 at 25% per year for 1 year, compounded every year (in ₹).
  28. 28.Find the compound interest on ₹12400 at 20% per year for 2 years, compounded every year (in ₹).
  29. 29.A town has 48000 people. The population grows by 25% every year. What will the population be after 3 years?
  30. 30.Find the compound interest on ₹41200 at 25% per year for 2 years, compounded every year (in ₹).
  31. 31.A town has 32500 people. The population grows by 12% every year. What will the population be after 2 years?
  32. 32.What amount will ₹8000 grow to in 3 years at 25% per year compound interest (in ₹)?
  33. 33.What amount will ₹56200 grow to in 1 year at 10% per year compound interest (in ₹)?
  34. 34.What amount will ₹12500 grow to in 2 years at 12% per year compound interest (in ₹)?
  35. 35.Find the compound interest on ₹43100 at 10% per year for 2 years, compounded every year (in ₹).
  36. 36.What amount will ₹59900 grow to in 1 year at 20% per year compound interest (in ₹)?
  37. 37.What is the difference between the compound interest and the simple interest on ₹17200 at 15% per year for 2 years (in ₹)?
  38. 38.What amount will ₹45700 grow to in 1 year at 5% per year compound interest (in ₹)?
  39. 39.What amount will ₹48400 grow to in 2 years at 15% per year compound interest (in ₹)?
  40. 40.Find the compound interest on ₹7400 at 5% per year for 1 year, compounded every year (in ₹).

Answer key

  1. 2825
  2. 4640
  3. 48
  4. 64
  5. 80
  6. 4992
  7. 495
  8. 1632
  9. 51750
  10. 133
  11. 4335
  12. 1248
  13. 1428
  14. 16899
  15. 49795
  16. 176
  17. 8464
  18. 2560
  19. 6750
  20. 24334
  21. 36
  22. 54571
  23. 5740
  24. 1880
  25. 23370
  26. 69828
  27. 10900
  28. 5456
  29. 93750
  30. 23175
  31. 40768
  32. 15625
  33. 61820
  34. 15680
  35. 9051
  36. 71880
  37. 387
  38. 47985
  39. 64009
  40. 370

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