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 ₹57000 grow to in 1 year at 25% per year compound interest (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹54400 at 25% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹3300 at 10% per year for 2 years, compounded every year (in ₹).
- 4.What is the difference between the compound interest and the simple interest on ₹52400 at 15% per year for 2 years (in ₹)?
- 5.Find the compound interest on ₹2400 at 15% per year for 2 years, compounded every year (in ₹).
- 6.What is the difference between the compound interest and the simple interest on ₹60000 at 4% per year for 2 years (in ₹)?
- 7.Find the compound interest on ₹55000 at 8% per year for 2 years, compounded every year (in ₹).
- 8.Find the compound interest on ₹55200 at 10% per year for 1 year, compounded every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹59200 at 15% per year for 2 years (in ₹)?
- 10.A scooter is worth ₹40000. Its value falls by 15% every year. What will it be worth after 3 years (in ₹)?
- 11.What amount will ₹48200 grow to in 1 year at 25% per year compound interest (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
- 13.What amount will ₹12500 grow to in 2 years at 4% per year compound interest (in ₹)?
- 14.What amount will ₹16000 grow to in 1 year at 25% per year compound interest (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹40800 at 25% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹15100 at 20% per year for 2 years (in ₹)?
- 17.Find the compound interest on ₹40000 at 5% per year for 3 years, compounded every year (in ₹).
- 18.What is the difference between the compound interest and the simple interest on ₹2800 at 5% per year for 2 years (in ₹)?
- 19.What amount will ₹45200 grow to in 2 years at 15% per year compound interest (in ₹)?
- 20.Find the compound interest on ₹9200 at 20% per year for 2 years, compounded every year (in ₹).
- 21.What is the difference between the compound interest and the simple interest on ₹17500 at 12% per year for 2 years (in ₹)?
- 22.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹56000 at 15% per year for 3 years, compounded every year (in ₹).
- 24.Find the compound interest on ₹51100 at 4% per year for 1 year, compounded every year (in ₹).
- 25.What amount will ₹2500 grow to in 1 year at 4% per year compound interest (in ₹)?
- 26.A town has 18000 people. The population grows by 20% every year. What will the population be after 3 years?
- 27.A town has 30000 people. The population grows by 12% every year. What will the population be after 2 years?
- 28.What amount will ₹43700 grow to in 2 years at 20% per year compound interest (in ₹)?
- 29.What amount will ₹55500 grow to in 3 years at 20% per year compound interest (in ₹)?
- 30.A town has 36000 people. The population grows by 10% every year. What will the population be after 3 years?
- 31.A town has 14500 people. The population grows by 20% every year. What will the population be after 3 years?
- 32.A town has 46800 people. The population grows by 25% every year. What will the population be after 2 years?
- 33.What is the difference between the compound interest and the simple interest on ₹42800 at 25% per year for 2 years (in ₹)?
- 34.A scooter is worth ₹15500. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
- 35.What amount will ₹30400 grow to in 2 years at 15% per year compound interest (in ₹)?
- 36.Find the compound interest on ₹24400 at 20% per year for 1 year, compounded every year (in ₹).
- 37.What is the difference between the compound interest and the simple interest on ₹17200 at 25% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹49600 at 25% per year for 2 years (in ₹)?
- 39.Find the compound interest on ₹45000 at 8% per year for 2 years, compounded every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹18400 at 15% per year for 2 years (in ₹)?
Answer key
- 71250
- 3400
- 693
- 1179
- 774
- 96
- 9152
- 5520
- 1332
- 24565
- 60250
- 24
- 13520
- 20000
- 2550
- 604
- 6305
- 7
- 59777
- 4048
- 252
- 304
- 29169
- 2044
- 2600
- 31104
- 37632
- 62928
- 95904
- 47916
- 25056
- 73125
- 2675
- 13950
- 40204
- 4880
- 1075
- 3100
- 7488
- 414
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