Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 360 · 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 ₹18400 grow to in 1 year at 25% per year compound interest (in ₹)?
2. 2.Find the compound interest on ₹17500 at 4% per year for 2 years, compounded every year (in ₹).
3. 3.Find the compound interest on ₹15600 at 8% per year for 1 year, compounded every year (in ₹).
4. 4.What amount will ₹54000 grow to in 2 years at 15% per year compound interest (in ₹)?
5. 5.What amount will ₹32000 grow to in 3 years at 5% per year compound interest (in ₹)?
6. 6.Find the compound interest on ₹16100 at 4% per year for 1 year, compounded every year (in ₹).
7. 7.What is the difference between the compound interest and the simple interest on ₹2400 at 15% per year for 2 years (in ₹)?
8. 8.A scooter is worth ₹19600. Its value falls by 25% every year. What will it be worth after 2 years (in ₹)?
9. 9.A town has 6400 people. The population grows by 25% every year. What will the population be after 2 years?
10. 10.What amount will ₹44800 grow to in 3 years at 25% per year compound interest (in ₹)?
11. 11.What amount will ₹3300 grow to in 2 years at 20% per year compound interest (in ₹)?
12. 12.A scooter is worth ₹44700. Its value falls by 8% every year. What will it be worth after 1 year (in ₹)?
13. 13.What amount will ₹12500 grow to in 2 years at 8% per year compound interest (in ₹)?
14. 14.Find the compound interest on ₹51300 at 5% per year for 1 year, compounded every year (in ₹).
15. 15.A scooter is worth ₹8400. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?
16. 16.What amount will ₹5500 grow to in 1 year at 5% per year compound interest (in ₹)?
17. 17.A town has 47100 people. The population grows by 5% every year. What will the population be after 1 year?
18. 18.What amount will ₹14800 grow to in 2 years at 5% per year compound interest (in ₹)?
19. 19.A scooter is worth ₹57600. Its value falls by 5% every year. What will it be worth after 2 years (in ₹)?
20. 20.A town has 36800 people. The population grows by 5% every year. What will the population be after 2 years?
21. 21.What is the difference between the compound interest and the simple interest on ₹25600 at 10% per year for 2 years (in ₹)?
22. 22.What is the difference between the compound interest and the simple interest on ₹52300 at 10% per year for 2 years (in ₹)?
23. 23.What amount will ₹49600 grow to in 3 years at 25% per year compound interest (in ₹)?
24. 24.A town has 17600 people. The population grows by 5% every year. What will the population be after 2 years?
25. 25.Find the compound interest on ₹31700 at 10% per year for 2 years, compounded every year (in ₹).
26. 26.A town has 24000 people. The population grows by 20% every year. What will the population be after 1 year?
27. 27.What amount will ₹37300 grow to in 1 year at 5% per year compound interest (in ₹)?
28. 28.A scooter is worth ₹57500. Its value falls by 4% every year. What will it be worth after 2 years (in ₹)?
29. 29.A scooter is worth ₹22000. Its value falls by 5% every year. What will it be worth after 2 years (in ₹)?
30. 30.What amount will ₹34100 grow to in 1 year at 8% per year compound interest (in ₹)?
31. 31.Find the compound interest on ₹56000 at 5% per year for 3 years, compounded every year (in ₹).
32. 32.What is the difference between the compound interest and the simple interest on ₹47500 at 12% per year for 2 years (in ₹)?
33. 33.A town has 8000 people. The population grows by 10% every year. What will the population be after 3 years?
34. 34.Find the compound interest on ₹17500 at 20% per year for 1 year, compounded every year (in ₹).
35. 35.Find the compound interest on ₹55000 at 4% per year for 2 years, compounded every year (in ₹).
36. 36.What is the difference between the compound interest and the simple interest on ₹13600 at 15% per year for 2 years (in ₹)?
37. 37.What amount will ₹26900 grow to in 1 year at 5% per year compound interest (in ₹)?
38. 38.What is the difference between the compound interest and the simple interest on ₹28800 at 15% per year for 2 years (in ₹)?
39. 39.Find the compound interest on ₹58600 at 4% per year for 1 year, compounded every year (in ₹).
40. 40.What amount will ₹45600 grow to in 2 years at 20% per year compound interest (in ₹)?

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