Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 295 · 40 sums

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.

1. 1.What amount will ₹16000 grow to in 3 years at 5% per year compound interest (in ₹)?
2. 2.What is the difference between the compound interest and the simple interest on ₹29900 at 20% per year for 2 years (in ₹)?
3. 3.Find the compound interest on ₹15000 at 8% per year for 2 years, compounded every year (in ₹).
4. 4.A town has 3200 people. The population grows by 25% every year. What will the population be after 2 years?
5. 5.Find the compound interest on ₹12800 at 25% per year for 2 years, compounded every year (in ₹).
6. 6.Find the compound interest on ₹38000 at 12% per year for 1 year, compounded every year (in ₹).
7. 7.A town has 51200 people. The population grows by 15% every year. What will the population be after 2 years?
8. 8.What is the difference between the compound interest and the simple interest on ₹24000 at 5% per year for 2 years (in ₹)?
9. 9.A scooter is worth ₹51200. Its value falls by 4% every year. What will it be worth after 1 year (in ₹)?
10. 10.What amount will ₹50800 grow to in 2 years at 15% per year compound interest (in ₹)?
11. 11.What is the difference between the compound interest and the simple interest on ₹47500 at 4% per year for 2 years (in ₹)?
12. 12.A scooter is worth ₹32000. Its value falls by 5% every year. What will it be worth after 3 years (in ₹)?
13. 13.What amount will ₹12500 grow to in 2 years at 12% per year compound interest (in ₹)?
14. 14.What is the difference between the compound interest and the simple interest on ₹3700 at 20% per year for 2 years (in ₹)?
15. 15.Find the compound interest on ₹52500 at 4% per year for 2 years, compounded every year (in ₹).
16. 16.What amount will ₹52800 grow to in 1 year at 20% per year compound interest (in ₹)?
17. 17.Find the compound interest on ₹11200 at 8% per year for 1 year, compounded every year (in ₹).
18. 18.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
19. 19.What amount will ₹4400 grow to in 1 year at 5% per year compound interest (in ₹)?
20. 20.Find the compound interest on ₹3200 at 25% per year for 3 years, compounded every year (in ₹).
21. 21.What amount will ₹40000 grow to in 3 years at 15% per year compound interest (in ₹)?
22. 22.What amount will ₹56400 grow to in 2 years at 25% per year compound interest (in ₹)?
23. 23.What is the difference between the compound interest and the simple interest on ₹2400 at 5% per year for 2 years (in ₹)?
24. 24.Find the compound interest on ₹2500 at 8% per year for 2 years, compounded every year (in ₹).
25. 25.What is the difference between the compound interest and the simple interest on ₹6800 at 5% per year for 2 years (in ₹)?
26. 26.What amount will ₹24000 grow to in 2 years at 15% per year compound interest (in ₹)?
27. 27.What amount will ₹23700 grow to in 1 year at 12% per year compound interest (in ₹)?
28. 28.Find the compound interest on ₹44000 at 10% per year for 3 years, compounded every year (in ₹).
29. 29.What amount will ₹12600 grow to in 2 years at 10% per year compound interest (in ₹)?
30. 30.What is the difference between the compound interest and the simple interest on ₹37200 at 15% per year for 2 years (in ₹)?
31. 31.Find the compound interest on ₹43400 at 10% per year for 1 year, compounded every year (in ₹).
32. 32.What is the difference between the compound interest and the simple interest on ₹23000 at 10% per year for 2 years (in ₹)?
33. 33.What amount will ₹17500 grow to in 2 years at 4% per year compound interest (in ₹)?
34. 34.What is the difference between the compound interest and the simple interest on ₹25200 at 5% per year for 2 years (in ₹)?
35. 35.What amount will ₹57600 grow to in 3 years at 25% per year compound interest (in ₹)?
36. 36.Find the compound interest on ₹4900 at 8% per year for 1 year, compounded every year (in ₹).
37. 37.What amount will ₹46400 grow to in 3 years at 25% per year compound interest (in ₹)?
38. 38.Find the compound interest on ₹3300 at 8% per year for 1 year, compounded every year (in ₹).
39. 39.What amount will ₹51900 grow to in 1 year at 5% per year compound interest (in ₹)?
40. 40.What is the difference between the compound interest and the simple interest on ₹55200 at 15% per year for 2 years (in ₹)?

Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets