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.A town has 11400 people. The population grows by 10% every year. What will the population be after 1 year?
- 2.What amount will ₹45300 grow to in 1 year at 25% per year compound interest (in ₹)?
- 3.Find the compound interest on ₹55000 at 4% per year for 2 years, compounded every year (in ₹).
- 4.A town has 30400 people. The population grows by 5% every year. What will the population be after 2 years?
- 5.Find the compound interest on ₹9000 at 5% per year for 1 year, compounded every year (in ₹).
- 6.A town has 4800 people. The population grows by 12% every year. What will the population be after 1 year?
- 7.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 8.What amount will ₹58000 grow to in 1 year at 25% per year compound interest (in ₹)?
- 9.Find the compound interest on ₹13400 at 5% per year for 1 year, compounded every year (in ₹).
- 10.Find the compound interest on ₹12800 at 5% per year for 2 years, compounded every year (in ₹).
- 11.What amount will ₹35400 grow to in 1 year at 5% per year compound interest (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
- 13.What amount will ₹19900 grow to in 1 year at 4% per year compound interest (in ₹)?
- 14.Find the compound interest on ₹25000 at 20% per year for 3 years, compounded every year (in ₹).
- 15.Find the compound interest on ₹48000 at 5% per year for 2 years, compounded every year (in ₹).
- 16.What amount will ₹47500 grow to in 1 year at 25% per year compound interest (in ₹)?
- 17.What amount will ₹24000 grow to in 3 years at 5% per year compound interest (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹8800 at 25% per year for 2 years (in ₹)?
- 19.What amount will ₹35000 grow to in 2 years at 8% per year compound interest (in ₹)?
- 20.A town has 21600 people. The population grows by 15% every year. What will the population be after 1 year?
- 21.Find the compound interest on ₹38300 at 4% per year for 1 year, compounded every year (in ₹).
- 22.A town has 11400 people. The population grows by 4% every year. What will the population be after 1 year?
- 23.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
- 24.Find the compound interest on ₹46100 at 5% per year for 1 year, compounded every year (in ₹).
- 25.What amount will ₹29500 grow to in 1 year at 10% per year compound interest (in ₹)?
- 26.Find the compound interest on ₹16000 at 5% per year for 3 years, compounded every year (in ₹).
- 27.A town has 50000 people. The population grows by 20% every year. What will the population be after 2 years?
- 28.A town has 35600 people. The population grows by 25% every year. What will the population be after 1 year?
- 29.What is the difference between the compound interest and the simple interest on ₹51200 at 20% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹53200 at 5% per year for 2 years, compounded every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹58600 at 20% per year for 2 years (in ₹)?
- 32.What amount will ₹30000 grow to in 2 years at 12% per year compound interest (in ₹)?
- 33.Find the compound interest on ₹7600 at 5% per year for 2 years, compounded every year (in ₹).
- 34.Find the compound interest on ₹50000 at 8% per year for 2 years, compounded every year (in ₹).
- 35.Find the compound interest on ₹5000 at 12% per year for 2 years, compounded every year (in ₹).
- 36.What is the difference between the compound interest and the simple interest on ₹38400 at 25% per year for 2 years (in ₹)?
- 37.Find the compound interest on ₹25000 at 12% per year for 2 years, compounded every year (in ₹).
- 38.What is the difference between the compound interest and the simple interest on ₹19600 at 25% per year for 2 years (in ₹)?
- 39.What amount will ₹34300 grow to in 1 year at 5% per year compound interest (in ₹)?
- 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
- 12540
- 56625
- 4488
- 33516
- 450
- 5376
- 36
- 72500
- 670
- 1312
- 37170
- 12
- 20696
- 18200
- 4920
- 59375
- 27783
- 550
- 40824
- 24840
- 1532
- 11856
- 360
- 2305
- 32450
- 2522
- 72000
- 44500
- 2048
- 5453
- 2344
- 37632
- 779
- 8320
- 1272
- 2400
- 6360
- 1225
- 36015
- 1650
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