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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 386 · 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.

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  1. 1.A town has 11400 people. The population grows by 10% every year. What will the population be after 1 year?
  2. 2.What amount will ₹45300 grow to in 1 year at 25% per year compound interest (in ₹)?
  3. 3.Find the compound interest on ₹55000 at 4% per year for 2 years, compounded every year (in ₹).
  4. 4.A town has 30400 people. The population grows by 5% every year. What will the population be after 2 years?
  5. 5.Find the compound interest on ₹9000 at 5% per year for 1 year, compounded every year (in ₹).
  6. 6.A town has 4800 people. The population grows by 12% every year. What will the population be after 1 year?
  7. 7.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
  8. 8.What amount will ₹58000 grow to in 1 year at 25% per year compound interest (in ₹)?
  9. 9.Find the compound interest on ₹13400 at 5% per year for 1 year, compounded every year (in ₹).
  10. 10.Find the compound interest on ₹12800 at 5% per year for 2 years, compounded every year (in ₹).
  11. 11.What amount will ₹35400 grow to in 1 year at 5% per year compound interest (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  13. 13.What amount will ₹19900 grow to in 1 year at 4% per year compound interest (in ₹)?
  14. 14.Find the compound interest on ₹25000 at 20% per year for 3 years, compounded every year (in ₹).
  15. 15.Find the compound interest on ₹48000 at 5% per year for 2 years, compounded every year (in ₹).
  16. 16.What amount will ₹47500 grow to in 1 year at 25% per year compound interest (in ₹)?
  17. 17.What amount will ₹24000 grow to in 3 years at 5% per year compound interest (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹8800 at 25% per year for 2 years (in ₹)?
  19. 19.What amount will ₹35000 grow to in 2 years at 8% per year compound interest (in ₹)?
  20. 20.A town has 21600 people. The population grows by 15% every year. What will the population be after 1 year?
  21. 21.Find the compound interest on ₹38300 at 4% per year for 1 year, compounded every year (in ₹).
  22. 22.A town has 11400 people. The population grows by 4% every year. What will the population be after 1 year?
  23. 23.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
  24. 24.Find the compound interest on ₹46100 at 5% per year for 1 year, compounded every year (in ₹).
  25. 25.What amount will ₹29500 grow to in 1 year at 10% per year compound interest (in ₹)?
  26. 26.Find the compound interest on ₹16000 at 5% per year for 3 years, compounded every year (in ₹).
  27. 27.A town has 50000 people. The population grows by 20% every year. What will the population be after 2 years?
  28. 28.A town has 35600 people. The population grows by 25% every year. What will the population be after 1 year?
  29. 29.What is the difference between the compound interest and the simple interest on ₹51200 at 20% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹53200 at 5% per year for 2 years, compounded every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹58600 at 20% per year for 2 years (in ₹)?
  32. 32.What amount will ₹30000 grow to in 2 years at 12% per year compound interest (in ₹)?
  33. 33.Find the compound interest on ₹7600 at 5% per year for 2 years, compounded every year (in ₹).
  34. 34.Find the compound interest on ₹50000 at 8% per year for 2 years, compounded every year (in ₹).
  35. 35.Find the compound interest on ₹5000 at 12% per year for 2 years, compounded every year (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹38400 at 25% per year for 2 years (in ₹)?
  37. 37.Find the compound interest on ₹25000 at 12% per year for 2 years, compounded every year (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹19600 at 25% per year for 2 years (in ₹)?
  39. 39.What amount will ₹34300 grow to in 1 year at 5% per year compound interest (in ₹)?
  40. 40.What is the difference between the compound interest and the simple interest on ₹26400 at 25% per year for 2 years (in ₹)?

Answer key

  1. 12540
  2. 56625
  3. 4488
  4. 33516
  5. 450
  6. 5376
  7. 36
  8. 72500
  9. 670
  10. 1312
  11. 37170
  12. 12
  13. 20696
  14. 18200
  15. 4920
  16. 59375
  17. 27783
  18. 550
  19. 40824
  20. 24840
  21. 1532
  22. 11856
  23. 360
  24. 2305
  25. 32450
  26. 2522
  27. 72000
  28. 44500
  29. 2048
  30. 5453
  31. 2344
  32. 37632
  33. 779
  34. 8320
  35. 1272
  36. 2400
  37. 6360
  38. 1225
  39. 36015
  40. 1650

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