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 ₹15700 grow to in 2 years at 10% per year compound interest (in ₹)?
- 2.Find the compound interest on ₹41600 at 25% per year for 3 years, compounded every year (in ₹).
- 3.Find the compound interest on ₹3200 at 25% per year for 3 years, compounded every year (in ₹).
- 4.What amount will ₹50500 grow to in 1 year at 20% per year compound interest (in ₹)?
- 5.A scooter is worth ₹31200. Its value falls by 25% every year. What will it be worth after 2 years (in ₹)?
- 6.Find the compound interest on ₹11000 at 20% per year for 3 years, compounded every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹25200 at 25% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 9.A scooter is worth ₹32000. Its value falls by 5% every year. What will it be worth after 3 years (in ₹)?
- 10.A town has 14500 people. The population grows by 15% every year. What will the population be after 1 year?
- 11.Find the compound interest on ₹40000 at 12% per year for 2 years, compounded every year (in ₹).
- 12.What amount will ₹33600 grow to in 1 year at 25% per year compound interest (in ₹)?
- 13.Find the compound interest on ₹6900 at 10% per year for 2 years, compounded every year (in ₹).
- 14.What is the difference between the compound interest and the simple interest on ₹19200 at 10% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹15800 at 10% per year for 2 years, compounded every year (in ₹).
- 16.What amount will ₹9000 grow to in 1 year at 10% per year compound interest (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹16700 at 10% per year for 1 year, compounded every year (in ₹).
- 19.Find the compound interest on ₹8000 at 25% per year for 3 years, compounded every year (in ₹).
- 20.What amount will ₹42500 grow to in 2 years at 12% per year compound interest (in ₹)?
- 21.A town has 58600 people. The population grows by 20% every year. What will the population be after 1 year?
- 22.What amount will ₹58700 grow to in 1 year at 8% per year compound interest (in ₹)?
- 23.Find the compound interest on ₹48000 at 5% per year for 3 years, compounded every year (in ₹).
- 24.What amount will ₹16000 grow to in 3 years at 15% per year compound interest (in ₹)?
- 25.Find the compound interest on ₹38400 at 15% per year for 2 years, compounded every year (in ₹).
- 26.Find the compound interest on ₹16300 at 5% per year for 1 year, compounded every year (in ₹).
- 27.Find the compound interest on ₹3100 at 4% per year for 1 year, compounded every year (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹39600 at 25% per year for 2 years (in ₹)?
- 29.Find the compound interest on ₹28400 at 10% per year for 1 year, compounded every year (in ₹).
- 30.A town has 54300 people. The population grows by 10% every year. What will the population be after 2 years?
- 31.What is the difference between the compound interest and the simple interest on ₹52400 at 25% per year for 2 years (in ₹)?
- 32.What amount will ₹17300 grow to in 1 year at 20% per year compound interest (in ₹)?
- 33.What is the difference between the compound interest and the simple interest on ₹51200 at 5% per year for 2 years (in ₹)?
- 34.What amount will ₹51200 grow to in 3 years at 25% per year compound interest (in ₹)?
- 35.What amount will ₹10000 grow to in 1 year at 25% per year compound interest (in ₹)?
- 36.What amount will ₹32000 grow to in 3 years at 5% per year compound interest (in ₹)?
- 37.What amount will ₹47500 grow to in 2 years at 4% per year compound interest (in ₹)?
- 38.What amount will ₹28400 grow to in 2 years at 25% per year compound interest (in ₹)?
- 39.Find the compound interest on ₹50800 at 25% per year for 2 years, compounded every year (in ₹).
- 40.Find the compound interest on ₹35000 at 4% per year for 2 years, compounded every year (in ₹).
Answer key
- 18997
- 39650
- 3050
- 60600
- 17550
- 8008
- 1575
- 48
- 27436
- 16675
- 10176
- 42000
- 1449
- 192
- 3318
- 9900
- 80
- 1670
- 7625
- 53312
- 70320
- 63396
- 7566
- 24334
- 12384
- 815
- 124
- 2475
- 2840
- 65703
- 3275
- 20760
- 128
- 100000
- 12500
- 37044
- 51376
- 44375
- 28575
- 2856
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