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 is the difference between the compound interest and the simple interest on ₹57500 at 12% per year for 2 years (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹21600 at 15% per year for 2 years (in ₹)?
- 3.What amount will ₹58200 grow to in 2 years at 10% per year compound interest (in ₹)?
- 4.What is the difference between the compound interest and the simple interest on ₹33100 at 20% per year for 2 years (in ₹)?
- 5.What amount will ₹49000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 6.What amount will ₹15000 grow to in 3 years at 20% per year compound interest (in ₹)?
- 7.A town has 5000 people. The population grows by 12% every year. What will the population be after 2 years?
- 8.Find the compound interest on ₹16000 at 15% per year for 3 years, compounded every year (in ₹).
- 9.What is the difference between the compound interest and the simple interest on ₹18800 at 5% per year for 2 years (in ₹)?
- 10.What amount will ₹6800 grow to in 1 year at 8% per year compound interest (in ₹)?
- 11.What amount will ₹40000 grow to in 3 years at 15% per year compound interest (in ₹)?
- 12.A town has 24600 people. The population grows by 10% every year. What will the population be after 2 years?
- 13.Find the compound interest on ₹48000 at 5% per year for 3 years, compounded every year (in ₹).
- 14.A town has 3400 people. The population grows by 5% every year. What will the population be after 1 year?
- 15.A town has 50000 people. The population grows by 12% every year. What will the population be after 2 years?
- 16.Find the compound interest on ₹49500 at 5% per year for 1 year, compounded every year (in ₹).
- 17.Find the compound interest on ₹13000 at 10% per year for 3 years, compounded every year (in ₹).
- 18.Find the compound interest on ₹17500 at 4% per year for 2 years, compounded every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹2800 at 25% per year for 2 years (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
- 21.A town has 10000 people. The population grows by 25% every year. What will the population be after 2 years?
- 22.Find the compound interest on ₹33600 at 25% per year for 2 years, compounded every year (in ₹).
- 23.What amount will ₹24000 grow to in 3 years at 5% per year compound interest (in ₹)?
- 24.Find the compound interest on ₹12500 at 8% per year for 2 years, compounded every year (in ₹).
- 25.A town has 11900 people. The population grows by 10% every year. What will the population be after 1 year?
- 26.What amount will ₹9100 grow to in 2 years at 10% per year compound interest (in ₹)?
- 27.Find the compound interest on ₹32500 at 8% per year for 2 years, compounded every year (in ₹).
- 28.What is the difference between the compound interest and the simple interest on ₹39300 at 10% per year for 2 years (in ₹)?
- 29.Find the compound interest on ₹10000 at 12% per year for 2 years, compounded every year (in ₹).
- 30.What amount will ₹15400 grow to in 1 year at 15% per year compound interest (in ₹)?
- 31.Find the compound interest on ₹22400 at 8% per year for 1 year, compounded every year (in ₹).
- 32.Find the compound interest on ₹32000 at 25% per year for 3 years, compounded every year (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹42500 at 4% per year for 2 years (in ₹)?
- 34.What amount will ₹12500 grow to in 2 years at 4% per year compound interest (in ₹)?
- 35.What amount will ₹31800 grow to in 1 year at 10% per year compound interest (in ₹)?
- 36.A town has 60000 people. The population grows by 25% every year. What will the population be after 2 years?
- 37.Find the compound interest on ₹56000 at 5% per year for 3 years, compounded every year (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹59300 at 20% per year for 2 years (in ₹)?
- 39.What amount will ₹7600 grow to in 2 years at 5% per year compound interest (in ₹)?
- 40.Find the compound interest on ₹41200 at 5% per year for 2 years, compounded every year (in ₹).
Answer key
- 828
- 486
- 70422
- 1324
- 65219
- 25920
- 6272
- 8334
- 47
- 7344
- 60835
- 29766
- 7566
- 3570
- 62720
- 2475
- 4303
- 1428
- 175
- 160
- 15625
- 18900
- 27783
- 2080
- 13090
- 11011
- 5408
- 393
- 2544
- 17710
- 1792
- 30500
- 68
- 13520
- 34980
- 93750
- 8827
- 2372
- 8379
- 4223
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