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.
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- 1.What amount will ₹46800 grow to in 2 years at 5% per year compound interest (in ₹)?
- 2.Find the compound interest on ₹7100 at 10% per year for 2 years, compounded every year (in ₹).
- 3.What amount will ₹53600 grow to in 1 year at 15% per year compound interest (in ₹)?
- 4.What is the difference between the compound interest and the simple interest on ₹47500 at 12% per year for 2 years (in ₹)?
- 5.Find the compound interest on ₹32000 at 15% per year for 3 years, compounded every year (in ₹).
- 6.What amount will ₹7500 grow to in 2 years at 4% per year compound interest (in ₹)?
- 7.A town has 38700 people. The population grows by 20% every year. What will the population be after 2 years?
- 8.What is the difference between the compound interest and the simple interest on ₹45300 at 10% per year for 2 years (in ₹)?
- 9.Find the compound interest on ₹31800 at 10% per year for 1 year, compounded every year (in ₹).
- 10.A town has 50000 people. The population grows by 20% every year. What will the population be after 2 years?
- 11.Find the compound interest on ₹40400 at 10% per year for 1 year, compounded every year (in ₹).
- 12.Find the compound interest on ₹35800 at 4% per year for 1 year, compounded every year (in ₹).
- 13.A town has 44500 people. The population grows by 20% every year. What will the population be after 1 year?
- 14.What amount will ₹5000 grow to in 3 years at 20% per year compound interest (in ₹)?
- 15.Find the compound interest on ₹5600 at 20% per year for 2 years, compounded every year (in ₹).
- 16.A town has 49400 people. The population grows by 12% every year. What will the population be after 1 year?
- 17.What amount will ₹31800 grow to in 2 years at 20% per year compound interest (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹40700 at 10% per year for 2 years (in ₹)?
- 19.Find the compound interest on ₹45400 at 20% per year for 2 years, compounded every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹57500 at 4% per year for 2 years (in ₹)?
- 21.What is the difference between the compound interest and the simple interest on ₹34900 at 10% per year for 2 years (in ₹)?
- 22.Find the compound interest on ₹40800 at 15% per year for 1 year, compounded every year (in ₹).
- 23.What amount will ₹52400 grow to in 2 years at 5% per year compound interest (in ₹)?
- 24.Find the compound interest on ₹8500 at 20% per year for 1 year, compounded every year (in ₹).
- 25.A scooter is worth ₹41400. Its value falls by 10% every year. What will it be worth after 2 years (in ₹)?
- 26.Find the compound interest on ₹58000 at 25% per year for 1 year, compounded every year (in ₹).
- 27.Find the compound interest on ₹57500 at 8% per year for 2 years, compounded every year (in ₹).
- 28.Find the compound interest on ₹16000 at 5% per year for 3 years, compounded every year (in ₹).
- 29.What amount will ₹57600 grow to in 2 years at 20% per year compound interest (in ₹)?
- 30.Find the compound interest on ₹28900 at 15% per year for 1 year, compounded every year (in ₹).
- 31.Find the compound interest on ₹40400 at 20% per year for 1 year, compounded every year (in ₹).
- 32.A town has 14800 people. The population grows by 15% every year. What will the population be after 2 years?
- 33.What is the difference between the compound interest and the simple interest on ₹28800 at 5% per year for 2 years (in ₹)?
- 34.A town has 50400 people. The population grows by 5% every year. What will the population be after 1 year?
- 35.What is the difference between the compound interest and the simple interest on ₹4800 at 15% per year for 2 years (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹55600 at 5% per year for 2 years (in ₹)?
- 37.What amount will ₹16000 grow to in 3 years at 15% per year compound interest (in ₹)?
- 38.Find the compound interest on ₹48000 at 10% per year for 3 years, compounded every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹40000 at 4% per year for 2 years (in ₹)?
Answer key
- 51597
- 1491
- 61640
- 684
- 16668
- 8112
- 55728
- 453
- 3180
- 72000
- 4040
- 1432
- 53400
- 8640
- 2464
- 55328
- 45792
- 407
- 19976
- 92
- 349
- 6120
- 57771
- 1700
- 33534
- 14500
- 9568
- 2522
- 82944
- 4335
- 8080
- 19573
- 72
- 52920
- 108
- 139
- 24334
- 15888
- 160
- 64
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