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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 179 · 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 amount will ₹15700 grow to in 2 years at 10% per year compound interest (in ₹)?
  2. 2.Find the compound interest on ₹41600 at 25% per year for 3 years, compounded every year (in ₹).
  3. 3.Find the compound interest on ₹3200 at 25% per year for 3 years, compounded every year (in ₹).
  4. 4.What amount will ₹50500 grow to in 1 year at 20% per year compound interest (in ₹)?
  5. 5.A scooter is worth ₹31200. Its value falls by 25% every year. What will it be worth after 2 years (in ₹)?
  6. 6.Find the compound interest on ₹11000 at 20% per year for 3 years, compounded every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹25200 at 25% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  9. 9.A scooter is worth ₹32000. Its value falls by 5% every year. What will it be worth after 3 years (in ₹)?
  10. 10.A town has 14500 people. The population grows by 15% every year. What will the population be after 1 year?
  11. 11.Find the compound interest on ₹40000 at 12% per year for 2 years, compounded every year (in ₹).
  12. 12.What amount will ₹33600 grow to in 1 year at 25% per year compound interest (in ₹)?
  13. 13.Find the compound interest on ₹6900 at 10% per year for 2 years, compounded every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹19200 at 10% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹15800 at 10% per year for 2 years, compounded every year (in ₹).
  16. 16.What amount will ₹9000 grow to in 1 year at 10% per year compound interest (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  18. 18.Find the compound interest on ₹16700 at 10% per year for 1 year, compounded every year (in ₹).
  19. 19.Find the compound interest on ₹8000 at 25% per year for 3 years, compounded every year (in ₹).
  20. 20.What amount will ₹42500 grow to in 2 years at 12% per year compound interest (in ₹)?
  21. 21.A town has 58600 people. The population grows by 20% every year. What will the population be after 1 year?
  22. 22.What amount will ₹58700 grow to in 1 year at 8% per year compound interest (in ₹)?
  23. 23.Find the compound interest on ₹48000 at 5% per year for 3 years, compounded every year (in ₹).
  24. 24.What amount will ₹16000 grow to in 3 years at 15% per year compound interest (in ₹)?
  25. 25.Find the compound interest on ₹38400 at 15% per year for 2 years, compounded every year (in ₹).
  26. 26.Find the compound interest on ₹16300 at 5% per year for 1 year, compounded every year (in ₹).
  27. 27.Find the compound interest on ₹3100 at 4% per year for 1 year, compounded every year (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹39600 at 25% per year for 2 years (in ₹)?
  29. 29.Find the compound interest on ₹28400 at 10% per year for 1 year, compounded every year (in ₹).
  30. 30.A town has 54300 people. The population grows by 10% every year. What will the population be after 2 years?
  31. 31.What is the difference between the compound interest and the simple interest on ₹52400 at 25% per year for 2 years (in ₹)?
  32. 32.What amount will ₹17300 grow to in 1 year at 20% per year compound interest (in ₹)?
  33. 33.What is the difference between the compound interest and the simple interest on ₹51200 at 5% per year for 2 years (in ₹)?
  34. 34.What amount will ₹51200 grow to in 3 years at 25% per year compound interest (in ₹)?
  35. 35.What amount will ₹10000 grow to in 1 year at 25% per year compound interest (in ₹)?
  36. 36.What amount will ₹32000 grow to in 3 years at 5% per year compound interest (in ₹)?
  37. 37.What amount will ₹47500 grow to in 2 years at 4% per year compound interest (in ₹)?
  38. 38.What amount will ₹28400 grow to in 2 years at 25% per year compound interest (in ₹)?
  39. 39.Find the compound interest on ₹50800 at 25% per year for 2 years, compounded every year (in ₹).
  40. 40.Find the compound interest on ₹35000 at 4% per year for 2 years, compounded every year (in ₹).

Answer key

  1. 18997
  2. 39650
  3. 3050
  4. 60600
  5. 17550
  6. 8008
  7. 1575
  8. 48
  9. 27436
  10. 16675
  11. 10176
  12. 42000
  13. 1449
  14. 192
  15. 3318
  16. 9900
  17. 80
  18. 1670
  19. 7625
  20. 53312
  21. 70320
  22. 63396
  23. 7566
  24. 24334
  25. 12384
  26. 815
  27. 124
  28. 2475
  29. 2840
  30. 65703
  31. 3275
  32. 20760
  33. 128
  34. 100000
  35. 12500
  36. 37044
  37. 51376
  38. 44375
  39. 28575
  40. 2856

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