Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 394 · 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.Find the compound interest on ₹24000 at 15% per year for 2 years, compounded every year (in ₹).
2. 2.What amount will ₹45200 grow to in 1 year at 20% per year compound interest (in ₹)?
3. 3.Find the compound interest on ₹51500 at 5% per year for 1 year, compounded every year (in ₹).
4. 4.Find the compound interest on ₹53000 at 10% per year for 3 years, compounded every year (in ₹).
5. 5.A scooter is worth ₹41000. Its value falls by 12% every year. What will it be worth after 1 year (in ₹)?
6. 6.What is the difference between the compound interest and the simple interest on ₹48400 at 25% per year for 2 years (in ₹)?
7. 7.Find the compound interest on ₹52100 at 10% per year for 2 years, compounded every year (in ₹).
8. 8.Find the compound interest on ₹46000 at 10% per year for 3 years, compounded every year (in ₹).
9. 9.A scooter is worth ₹37500. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
10. 10.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
11. 11.What amount will ₹15300 grow to in 1 year at 25% per year compound interest (in ₹)?
12. 12.Find the compound interest on ₹44300 at 12% per year for 1 year, compounded every year (in ₹).
13. 13.A scooter is worth ₹9600. Its value falls by 25% every year. What will it be worth after 3 years (in ₹)?
14. 14.A scooter is worth ₹48000. Its value falls by 5% every year. What will it be worth after 3 years (in ₹)?
15. 15.What amount will ₹18800 grow to in 2 years at 5% per year compound interest (in ₹)?
16. 16.Find the compound interest on ₹40000 at 15% per year for 3 years, compounded every year (in ₹).
17. 17.Find the compound interest on ₹26700 at 12% per year for 1 year, compounded every year (in ₹).
18. 18.A town has 31300 people. The population grows by 5% every year. What will the population be after 1 year?
19. 19.Find the compound interest on ₹58000 at 10% per year for 3 years, compounded every year (in ₹).
20. 20.Find the compound interest on ₹50700 at 12% per year for 1 year, compounded every year (in ₹).
21. 21.A town has 17200 people. The population grows by 5% every year. What will the population be after 2 years?
22. 22.A town has 43400 people. The population grows by 8% every year. What will the population be after 1 year?
23. 23.Find the compound interest on ₹15000 at 12% per year for 2 years, compounded every year (in ₹).
24. 24.A scooter is worth ₹6400. Its value falls by 25% every year. What will it be worth after 3 years (in ₹)?
25. 25.Find the compound interest on ₹13000 at 20% per year for 3 years, compounded every year (in ₹).
26. 26.A scooter is worth ₹14700. Its value falls by 20% every year. What will it be worth after 2 years (in ₹)?
27. 27.What is the difference between the compound interest and the simple interest on ₹5200 at 25% per year for 2 years (in ₹)?
28. 28.Find the compound interest on ₹25000 at 10% per year for 2 years, compounded every year (in ₹).
29. 29.A scooter is worth ₹50000. Its value falls by 12% every year. What will it be worth after 2 years (in ₹)?
30. 30.What is the difference between the compound interest and the simple interest on ₹32400 at 5% per year for 2 years (in ₹)?
31. 31.Find the compound interest on ₹46200 at 4% per year for 1 year, compounded every year (in ₹).
32. 32.What is the difference between the compound interest and the simple interest on ₹27600 at 15% per year for 2 years (in ₹)?
33. 33.Find the compound interest on ₹25600 at 12% per year for 1 year, compounded every year (in ₹).
34. 34.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
35. 35.What amount will ₹44400 grow to in 2 years at 25% per year compound interest (in ₹)?
36. 36.What is the difference between the compound interest and the simple interest on ₹31200 at 25% per year for 2 years (in ₹)?
37. 37.A scooter is worth ₹55100. Its value falls by 12% every year. What will it be worth after 1 year (in ₹)?
38. 38.Find the compound interest on ₹37000 at 5% per year for 1 year, compounded every year (in ₹).
39. 39.What amount will ₹11200 grow to in 3 years at 25% per year compound interest (in ₹)?
40. 40.A town has 3200 people. The population grows by 25% every year. What will the population be after 3 years?

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