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 ₹42500 at 4% per year for 2 years (in ₹)?
- 2.Find the compound interest on ₹53700 at 15% per year for 1 year, compounded every year (in ₹).
- 3.A town has 1600 people. The population grows by 25% every year. What will the population be after 3 years?
- 4.Find the compound interest on ₹2400 at 4% per year for 1 year, compounded every year (in ₹).
- 5.Find the compound interest on ₹4100 at 4% per year for 1 year, compounded every year (in ₹).
- 6.What amount will ₹46000 grow to in 3 years at 20% per year compound interest (in ₹)?
- 7.Find the compound interest on ₹32000 at 5% per year for 3 years, compounded every year (in ₹).
- 8.A town has 8200 people. The population grows by 4% every year. What will the population be after 1 year?
- 9.Find the compound interest on ₹52700 at 10% per year for 2 years, compounded every year (in ₹).
- 10.What amount will ₹13900 grow to in 1 year at 20% per year compound interest (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹49200 at 5% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹52400 at 25% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹40000 at 5% per year for 3 years, compounded every year (in ₹).
- 14.What amount will ₹11800 grow to in 1 year at 15% per year compound interest (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
- 16.A town has 16800 people. The population grows by 25% every year. What will the population be after 1 year?
- 17.What is the difference between the compound interest and the simple interest on ₹54200 at 10% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 19.Find the compound interest on ₹54200 at 12% per year for 1 year, compounded every year (in ₹).
- 20.A town has 32500 people. The population grows by 10% every year. What will the population be after 2 years?
- 21.A town has 12500 people. The population grows by 8% every year. What will the population be after 2 years?
- 22.What is the difference between the compound interest and the simple interest on ₹53800 at 10% per year for 2 years (in ₹)?
- 23.A scooter is worth ₹9200. Its value falls by 25% 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 ₹9800 at 10% per year for 2 years (in ₹)?
- 25.A scooter is worth ₹42800. Its value falls by 25% every year. What will it be worth after 2 years (in ₹)?
- 26.Find the compound interest on ₹52800 at 25% per year for 3 years, compounded every year (in ₹).
- 27.What is the difference between the compound interest and the simple interest on ₹60000 at 5% per year for 2 years (in ₹)?
- 28.What amount will ₹25000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 29.What is the difference between the compound interest and the simple interest on ₹37600 at 15% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹34800 at 5% per year for 2 years, compounded every year (in ₹).
- 31.Find the compound interest on ₹57600 at 25% per year for 1 year, compounded every year (in ₹).
- 32.A scooter is worth ₹12700. Its value falls by 15% every year. What will it be worth after 1 year (in ₹)?
- 33.What amount will ₹11400 grow to in 2 years at 20% per year compound interest (in ₹)?
- 34.What is the difference between the compound interest and the simple interest on ₹54000 at 25% per year for 2 years (in ₹)?
- 35.A town has 52000 people. The population grows by 25% every year. What will the population be after 1 year?
- 36.What amount will ₹45700 grow to in 1 year at 25% per year compound interest (in ₹)?
- 37.What is the difference between the compound interest and the simple interest on ₹48800 at 15% per year for 2 years (in ₹)?
- 38.What amount will ₹8000 grow to in 3 years at 5% per year compound interest (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹11600 at 15% per year for 2 years (in ₹)?
- 40.Find the compound interest on ₹13400 at 4% per year for 1 year, compounded every year (in ₹).
Answer key
- 68
- 8055
- 3125
- 96
- 164
- 79488
- 5044
- 8528
- 11067
- 16680
- 123
- 3275
- 6305
- 13570
- 28
- 21000
- 542
- 48
- 6504
- 39325
- 14580
- 538
- 5175
- 98
- 24075
- 50325
- 150
- 33275
- 846
- 3567
- 14400
- 10795
- 16416
- 3375
- 65000
- 57125
- 1098
- 9261
- 261
- 536
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