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.Find the compound interest on ₹47500 at 12% per year for 2 years, compounded every year (in ₹).
- 2.Find the compound interest on ₹59700 at 8% per year for 1 year, compounded every year (in ₹).
- 3.Find the compound interest on ₹16400 at 15% per year for 2 years, compounded every year (in ₹).
- 4.What amount will ₹42900 grow to in 1 year at 12% per year compound interest (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹55000 at 12% per year for 2 years (in ₹)?
- 6.Find the compound interest on ₹14500 at 10% per year for 2 years, compounded every year (in ₹).
- 7.Find the compound interest on ₹37700 at 15% per year for 1 year, compounded every year (in ₹).
- 8.What amount will ₹22000 grow to in 1 year at 5% per year compound interest (in ₹)?
- 9.What amount will ₹50000 grow to in 2 years at 4% per year compound interest (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹51600 at 10% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹37500 at 8% per year for 2 years, compounded every year (in ₹).
- 12.What amount will ₹25000 grow to in 2 years at 12% per year compound interest (in ₹)?
- 13.Find the compound interest on ₹27500 at 8% per year for 2 years, compounded every year (in ₹).
- 14.Find the compound interest on ₹18800 at 25% per year for 2 years, compounded every year (in ₹).
- 15.What amount will ₹33500 grow to in 1 year at 8% per year compound interest (in ₹)?
- 16.Find the compound interest on ₹40000 at 5% per year for 3 years, compounded every year (in ₹).
- 17.Find the compound interest on ₹52000 at 20% per year for 3 years, compounded every year (in ₹).
- 18.Find the compound interest on ₹51000 at 10% per year for 3 years, compounded every year (in ₹).
- 19.What amount will ₹37500 grow to in 2 years at 12% per year compound interest (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹45200 at 15% per year for 2 years (in ₹)?
- 21.Find the compound interest on ₹48500 at 20% per year for 3 years, compounded every year (in ₹).
- 22.Find the compound interest on ₹41600 at 25% per year for 2 years, compounded every year (in ₹).
- 23.What amount will ₹29000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 24.Find the compound interest on ₹10500 at 5% per year for 1 year, compounded every year (in ₹).
- 25.What amount will ₹24000 grow to in 2 years at 5% per year compound interest (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹35400 at 10% per year for 2 years (in ₹)?
- 27.What amount will ₹42000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 28.Find the compound interest on ₹8500 at 4% per year for 1 year, compounded every year (in ₹).
- 29.A town has 17600 people. The population grows by 25% every year. What will the population be after 2 years?
- 30.A town has 6500 people. The population grows by 20% every year. What will the population be after 3 years?
- 31.Find the compound interest on ₹37500 at 4% per year for 2 years, compounded every year (in ₹).
- 32.Find the compound interest on ₹56500 at 20% per year for 3 years, compounded every year (in ₹).
- 33.What amount will ₹7100 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 ₹31300 at 20% per year for 2 years (in ₹)?
- 35.What amount will ₹52400 grow to in 2 years at 5% per year compound interest (in ₹)?
- 36.A town has 48000 people. The population grows by 10% every year. What will the population be after 3 years?
- 37.A scooter is worth ₹2200. Its value falls by 10% every year. What will it be worth after 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹12000 at 25% per year for 2 years (in ₹)?
- 39.A scooter is worth ₹9000. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
Answer key
- 12084
- 4776
- 5289
- 48048
- 792
- 3045
- 5655
- 23100
- 54080
- 516
- 6240
- 31360
- 4576
- 10575
- 36180
- 6305
- 37856
- 16881
- 47040
- 1017
- 35308
- 23400
- 38599
- 525
- 26460
- 354
- 55902
- 340
- 27500
- 11232
- 3060
- 41132
- 10224
- 1252
- 57771
- 63888
- 1782
- 750
- 8100
- 180
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