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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 313 · 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 is the difference between the compound interest and the simple interest on ₹57500 at 12% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹21600 at 15% per year for 2 years (in ₹)?
  3. 3.What amount will ₹58200 grow to in 2 years at 10% per year compound interest (in ₹)?
  4. 4.What is the difference between the compound interest and the simple interest on ₹33100 at 20% per year for 2 years (in ₹)?
  5. 5.What amount will ₹49000 grow to in 3 years at 10% per year compound interest (in ₹)?
  6. 6.What amount will ₹15000 grow to in 3 years at 20% per year compound interest (in ₹)?
  7. 7.A town has 5000 people. The population grows by 12% every year. What will the population be after 2 years?
  8. 8.Find the compound interest on ₹16000 at 15% per year for 3 years, compounded every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹18800 at 5% per year for 2 years (in ₹)?
  10. 10.What amount will ₹6800 grow to in 1 year at 8% per year compound interest (in ₹)?
  11. 11.What amount will ₹40000 grow to in 3 years at 15% per year compound interest (in ₹)?
  12. 12.A town has 24600 people. The population grows by 10% every year. What will the population be after 2 years?
  13. 13.Find the compound interest on ₹48000 at 5% per year for 3 years, compounded every year (in ₹).
  14. 14.A town has 3400 people. The population grows by 5% every year. What will the population be after 1 year?
  15. 15.A town has 50000 people. The population grows by 12% every year. What will the population be after 2 years?
  16. 16.Find the compound interest on ₹49500 at 5% per year for 1 year, compounded every year (in ₹).
  17. 17.Find the compound interest on ₹13000 at 10% per year for 3 years, compounded every year (in ₹).
  18. 18.Find the compound interest on ₹17500 at 4% per year for 2 years, compounded every year (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹2800 at 25% per year for 2 years (in ₹)?
  20. 20.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
  21. 21.A town has 10000 people. The population grows by 25% every year. What will the population be after 2 years?
  22. 22.Find the compound interest on ₹33600 at 25% per year for 2 years, compounded every year (in ₹).
  23. 23.What amount will ₹24000 grow to in 3 years at 5% per year compound interest (in ₹)?
  24. 24.Find the compound interest on ₹12500 at 8% per year for 2 years, compounded every year (in ₹).
  25. 25.A town has 11900 people. The population grows by 10% every year. What will the population be after 1 year?
  26. 26.What amount will ₹9100 grow to in 2 years at 10% per year compound interest (in ₹)?
  27. 27.Find the compound interest on ₹32500 at 8% per year for 2 years, compounded every year (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹39300 at 10% per year for 2 years (in ₹)?
  29. 29.Find the compound interest on ₹10000 at 12% per year for 2 years, compounded every year (in ₹).
  30. 30.What amount will ₹15400 grow to in 1 year at 15% per year compound interest (in ₹)?
  31. 31.Find the compound interest on ₹22400 at 8% per year for 1 year, compounded every year (in ₹).
  32. 32.Find the compound interest on ₹32000 at 25% per year for 3 years, compounded every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹42500 at 4% per year for 2 years (in ₹)?
  34. 34.What amount will ₹12500 grow to in 2 years at 4% per year compound interest (in ₹)?
  35. 35.What amount will ₹31800 grow to in 1 year at 10% per year compound interest (in ₹)?
  36. 36.A town has 60000 people. The population grows by 25% every year. What will the population be after 2 years?
  37. 37.Find the compound interest on ₹56000 at 5% per year for 3 years, compounded every year (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹59300 at 20% per year for 2 years (in ₹)?
  39. 39.What amount will ₹7600 grow to in 2 years at 5% per year compound interest (in ₹)?
  40. 40.Find the compound interest on ₹41200 at 5% per year for 2 years, compounded every year (in ₹).

Answer key

  1. 828
  2. 486
  3. 70422
  4. 1324
  5. 65219
  6. 25920
  7. 6272
  8. 8334
  9. 47
  10. 7344
  11. 60835
  12. 29766
  13. 7566
  14. 3570
  15. 62720
  16. 2475
  17. 4303
  18. 1428
  19. 175
  20. 160
  21. 15625
  22. 18900
  23. 27783
  24. 2080
  25. 13090
  26. 11011
  27. 5408
  28. 393
  29. 2544
  30. 17710
  31. 1792
  32. 30500
  33. 68
  34. 13520
  35. 34980
  36. 93750
  37. 8827
  38. 2372
  39. 8379
  40. 4223

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