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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 397 · 40 sums
TalentJR

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 50200 people. The population grows by 25% every year. What will the population be after 1 year?
  2. 2.What is the difference between the compound interest and the simple interest on ₹24900 at 10% per year for 2 years (in ₹)?
  3. 3.What is the difference between the compound interest and the simple interest on ₹25400 at 20% per year for 2 years (in ₹)?
  4. 4.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹3700 at 10% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹43600 at 25% per year for 2 years, compounded every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  8. 8.A town has 32800 people. The population grows by 25% every year. What will the population be after 2 years?
  9. 9.A scooter is worth ₹45900. 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 ₹7800 at 10% per year for 2 years (in ₹)?
  11. 11.A town has 17000 people. The population grows by 20% every year. What will the population be after 1 year?
  12. 12.Find the compound interest on ₹25500 at 15% per year for 1 year, compounded every year (in ₹).
  13. 13.Find the compound interest on ₹16000 at 25% per year for 3 years, compounded every year (in ₹).
  14. 14.What amount will ₹12800 grow to in 3 years at 25% per year compound interest (in ₹)?
  15. 15.What amount will ₹35600 grow to in 2 years at 5% per year compound interest (in ₹)?
  16. 16.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  17. 17.What amount will ₹7000 grow to in 1 year at 5% per year compound interest (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
  19. 19.A scooter is worth ₹59600. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?
  20. 20.A town has 50000 people. The population grows by 10% every year. What will the population be after 3 years?
  21. 21.What amount will ₹27900 grow to in 1 year at 12% per year compound interest (in ₹)?
  22. 22.What amount will ₹2500 grow to in 2 years at 12% per year compound interest (in ₹)?
  23. 23.A scooter is worth ₹51200. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?
  24. 24.A scooter is worth ₹32800. Its value falls by 25% every year. What will it be worth after 2 years (in ₹)?
  25. 25.A town has 48000 people. The population grows by 5% every year. What will the population be after 3 years?
  26. 26.A town has 33400 people. The population grows by 10% every year. What will the population be after 2 years?
  27. 27.Find the compound interest on ₹48800 at 10% per year for 1 year, compounded every year (in ₹).
  28. 28.What amount will ₹49000 grow to in 3 years at 10% per year compound interest (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹43100 at 20% per year for 1 year, compounded every year (in ₹).
  31. 31.A town has 56000 people. The population grows by 5% every year. What will the population be after 2 years?
  32. 32.Find the compound interest on ₹25500 at 10% per year for 2 years, compounded every year (in ₹).
  33. 33.What amount will ₹59600 grow to in 2 years at 5% per year compound interest (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹2500 at 4% per year for 2 years (in ₹)?
  35. 35.A scooter is worth ₹48000. Its value falls by 5% every year. What will it be worth after 3 years (in ₹)?
  36. 36.A scooter is worth ₹52800. Its value falls by 12% every year. What will it be worth after 1 year (in ₹)?
  37. 37.A town has 15000 people. The population grows by 10% every year. What will the population be after 3 years?
  38. 38.Find the compound interest on ₹4300 at 15% per year for 1 year, compounded every year (in ₹).
  39. 39.A scooter is worth ₹12500. Its value falls by 8% every year. What will it be worth after 2 years (in ₹)?
  40. 40.What is the difference between the compound interest and the simple interest on ₹50700 at 10% per year for 2 years (in ₹)?

Answer key

  1. 62750
  2. 249
  3. 1016
  4. 612
  5. 37
  6. 24525
  7. 48
  8. 51250
  9. 41310
  10. 78
  11. 20400
  12. 3825
  13. 15250
  14. 25000
  15. 39249
  16. 240
  17. 7350
  18. 304
  19. 43061
  20. 66550
  21. 31248
  22. 3136
  23. 36992
  24. 18450
  25. 55566
  26. 40414
  27. 4880
  28. 65219
  29. 144
  30. 8620
  31. 61740
  32. 5355
  33. 65709
  34. 4
  35. 41154
  36. 46464
  37. 19965
  38. 645
  39. 10580
  40. 507

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