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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 376 · 40 sums
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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. 1.Find the compound interest on ₹47500 at 12% per year for 2 years, compounded every year (in ₹).
  2. 2.Find the compound interest on ₹59700 at 8% per year for 1 year, compounded every year (in ₹).
  3. 3.Find the compound interest on ₹16400 at 15% per year for 2 years, compounded every year (in ₹).
  4. 4.What amount will ₹42900 grow to in 1 year at 12% per year compound interest (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹55000 at 12% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹14500 at 10% per year for 2 years, compounded every year (in ₹).
  7. 7.Find the compound interest on ₹37700 at 15% per year for 1 year, compounded every year (in ₹).
  8. 8.What amount will ₹22000 grow to in 1 year at 5% per year compound interest (in ₹)?
  9. 9.What amount will ₹50000 grow to in 2 years at 4% per year compound interest (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹51600 at 10% per year for 2 years (in ₹)?
  11. 11.Find the compound interest on ₹37500 at 8% per year for 2 years, compounded every year (in ₹).
  12. 12.What amount will ₹25000 grow to in 2 years at 12% per year compound interest (in ₹)?
  13. 13.Find the compound interest on ₹27500 at 8% per year for 2 years, compounded every year (in ₹).
  14. 14.Find the compound interest on ₹18800 at 25% per year for 2 years, compounded every year (in ₹).
  15. 15.What amount will ₹33500 grow to in 1 year at 8% per year compound interest (in ₹)?
  16. 16.Find the compound interest on ₹40000 at 5% per year for 3 years, compounded every year (in ₹).
  17. 17.Find the compound interest on ₹52000 at 20% per year for 3 years, compounded every year (in ₹).
  18. 18.Find the compound interest on ₹51000 at 10% per year for 3 years, compounded every year (in ₹).
  19. 19.What amount will ₹37500 grow to in 2 years at 12% per year compound interest (in ₹)?
  20. 20.What is the difference between the compound interest and the simple interest on ₹45200 at 15% per year for 2 years (in ₹)?
  21. 21.Find the compound interest on ₹48500 at 20% per year for 3 years, compounded every year (in ₹).
  22. 22.Find the compound interest on ₹41600 at 25% per year for 2 years, compounded every year (in ₹).
  23. 23.What amount will ₹29000 grow to in 3 years at 10% per year compound interest (in ₹)?
  24. 24.Find the compound interest on ₹10500 at 5% per year for 1 year, compounded every year (in ₹).
  25. 25.What amount will ₹24000 grow to in 2 years at 5% per year compound interest (in ₹)?
  26. 26.What is the difference between the compound interest and the simple interest on ₹35400 at 10% per year for 2 years (in ₹)?
  27. 27.What amount will ₹42000 grow to in 3 years at 10% per year compound interest (in ₹)?
  28. 28.Find the compound interest on ₹8500 at 4% per year for 1 year, compounded every year (in ₹).
  29. 29.A town has 17600 people. The population grows by 25% every year. What will the population be after 2 years?
  30. 30.A town has 6500 people. The population grows by 20% every year. What will the population be after 3 years?
  31. 31.Find the compound interest on ₹37500 at 4% per year for 2 years, compounded every year (in ₹).
  32. 32.Find the compound interest on ₹56500 at 20% per year for 3 years, compounded every year (in ₹).
  33. 33.What amount will ₹7100 grow to in 2 years at 20% per year compound interest (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹31300 at 20% per year for 2 years (in ₹)?
  35. 35.What amount will ₹52400 grow to in 2 years at 5% per year compound interest (in ₹)?
  36. 36.A town has 48000 people. The population grows by 10% every year. What will the population be after 3 years?
  37. 37.A scooter is worth ₹2200. Its value falls by 10% every year. What will it be worth after 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹12000 at 25% per year for 2 years (in ₹)?
  39. 39.A scooter is worth ₹9000. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
  40. 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

  1. 12084
  2. 4776
  3. 5289
  4. 48048
  5. 792
  6. 3045
  7. 5655
  8. 23100
  9. 54080
  10. 516
  11. 6240
  12. 31360
  13. 4576
  14. 10575
  15. 36180
  16. 6305
  17. 37856
  18. 16881
  19. 47040
  20. 1017
  21. 35308
  22. 23400
  23. 38599
  24. 525
  25. 26460
  26. 354
  27. 55902
  28. 340
  29. 27500
  30. 11232
  31. 3060
  32. 41132
  33. 10224
  34. 1252
  35. 57771
  36. 63888
  37. 1782
  38. 750
  39. 8100
  40. 180

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