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.
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- 1.What amount will ₹17300 grow to in 1 year at 5% per year compound interest (in ₹)?
- 2.Find the compound interest on ₹6000 at 10% per year for 3 years, compounded every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹21200 at 15% per year for 2 years (in ₹)?
- 4.A town has 11600 people. The population grows by 5% every year. What will the population be after 2 years?
- 5.Find the compound interest on ₹7900 at 10% per year for 1 year, compounded every year (in ₹).
- 6.A scooter is worth ₹16000. Its value falls by 15% every year. What will it be worth after 3 years (in ₹)?
- 7.What is the difference between the compound interest and the simple interest on ₹35000 at 20% per year for 2 years (in ₹)?
- 8.A scooter is worth ₹27900. Its value falls by 20% every year. What will it be worth after 1 year (in ₹)?
- 9.Find the compound interest on ₹47800 at 12% per year for 1 year, compounded every year (in ₹).
- 10.Find the compound interest on ₹49800 at 10% per year for 1 year, compounded every year (in ₹).
- 11.Find the compound interest on ₹39200 at 5% per year for 2 years, compounded every year (in ₹).
- 12.A scooter is worth ₹16000. Its value falls by 5% every year. What will it be worth after 3 years (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 14.What amount will ₹17600 grow to in 1 year at 20% per year compound interest (in ₹)?
- 15.A scooter is worth ₹17500. Its value falls by 4% every year. What will it be worth after 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹50000 at 25% per year for 2 years (in ₹)?
- 17.What amount will ₹55200 grow to in 2 years at 25% per year compound interest (in ₹)?
- 18.What amount will ₹11000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 19.A scooter is worth ₹6400. Its value falls by 25% every year. What will it be worth after 3 years (in ₹)?
- 20.What amount will ₹25600 grow to in 3 years at 25% per year compound interest (in ₹)?
- 21.What amount will ₹48200 grow to in 1 year at 5% per year compound interest (in ₹)?
- 22.What amount will ₹31500 grow to in 1 year at 8% per year compound interest (in ₹)?
- 23.A scooter is worth ₹48400. Its value falls by 5% every year. What will it be worth after 2 years (in ₹)?
- 24.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
- 25.Find the compound interest on ₹18600 at 15% per year for 1 year, compounded every year (in ₹).
- 26.What is the difference between the compound interest and the simple interest on ₹41800 at 10% per year for 2 years (in ₹)?
- 27.What amount will ₹55800 grow to in 1 year at 12% per year compound interest (in ₹)?
- 28.Find the compound interest on ₹41300 at 10% per year for 1 year, compounded every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹37200 at 5% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹30400 at 10% per year for 2 years, compounded every year (in ₹).
- 31.What amount will ₹10000 grow to in 2 years at 12% per year compound interest (in ₹)?
- 32.Find the compound interest on ₹46800 at 5% per year for 1 year, compounded every year (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹45600 at 5% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹40000 at 25% per year for 1 year, compounded every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹46800 at 20% per year for 2 years (in ₹)?
- 36.A town has 13000 people. The population grows by 10% every year. What will the population be after 3 years?
- 37.What amount will ₹32000 grow to in 3 years at 15% per year compound interest (in ₹)?
- 38.A town has 17600 people. The population grows by 5% every year. What will the population be after 2 years?
- 39.What amount will ₹10000 grow to in 2 years at 4% per year compound interest (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
Answer key
- 18165
- 1986
- 477
- 12789
- 790
- 9826
- 1400
- 22320
- 5736
- 4980
- 4018
- 13718
- 36
- 21120
- 16128
- 3125
- 86250
- 14641
- 2700
- 50000
- 50610
- 34020
- 43681
- 64
- 2790
- 418
- 62496
- 4130
- 93
- 6384
- 12544
- 2340
- 114
- 10000
- 1872
- 17303
- 48668
- 19404
- 10816
- 144
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