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.Find the compound interest on ₹49600 at 12% per year for 1 year, compounded every year (in ₹).
- 2.Find the compound interest on ₹17500 at 10% per year for 2 years, compounded every year (in ₹).
- 3.Find the compound interest on ₹40000 at 25% per year for 2 years, compounded every year (in ₹).
- 4.What amount will ₹15700 grow to in 1 year at 15% per year compound interest (in ₹)?
- 5.What is the difference between the compound interest and the simple interest on ₹58300 at 10% per year for 2 years (in ₹)?
- 6.What amount will ₹6000 grow to in 2 years at 5% per year compound interest (in ₹)?
- 7.Find the compound interest on ₹58200 at 25% per year for 1 year, compounded every year (in ₹).
- 8.What amount will ₹52600 grow to in 1 year at 10% per year compound interest (in ₹)?
- 9.Find the compound interest on ₹3200 at 15% per year for 2 years, compounded every year (in ₹).
- 10.A scooter is worth ₹32000. Its value falls by 15% every year. What will it be worth after 3 years (in ₹)?
- 11.Find the compound interest on ₹15000 at 8% per year for 2 years, compounded every year (in ₹).
- 12.Find the compound interest on ₹48000 at 5% per year for 3 years, compounded every year (in ₹).
- 13.What amount will ₹2500 grow to in 3 years at 20% per year compound interest (in ₹)?
- 14.A town has 48000 people. The population grows by 5% every year. What will the population be after 3 years?
- 15.Find the compound interest on ₹37500 at 8% per year for 2 years, compounded every year (in ₹).
- 16.What amount will ₹39000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 17.Find the compound interest on ₹8200 at 12% per year for 1 year, compounded every year (in ₹).
- 18.What amount will ₹38000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹3300 at 20% per year for 2 years (in ₹)?
- 20.A town has 24000 people. The population grows by 25% every year. What will the population be after 1 year?
- 21.A town has 11000 people. The population grows by 10% every year. What will the population be after 3 years?
- 22.What amount will ₹24000 grow to in 1 year at 20% per year compound interest (in ₹)?
- 23.Find the compound interest on ₹11200 at 12% per year for 1 year, compounded every year (in ₹).
- 24.What amount will ₹52000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 25.What amount will ₹10000 grow to in 2 years at 8% per year compound interest (in ₹)?
- 26.Find the compound interest on ₹13700 at 15% per year for 1 year, compounded every year (in ₹).
- 27.What amount will ₹7500 grow to in 3 years at 20% per year compound interest (in ₹)?
- 28.What is the difference between the compound interest and the simple interest on ₹12200 at 10% per year for 2 years (in ₹)?
- 29.Find the compound interest on ₹56800 at 10% per year for 1 year, compounded every year (in ₹).
- 30.What is the difference between the compound interest and the simple interest on ₹57200 at 15% per year for 2 years (in ₹)?
- 31.A town has 14000 people. The population grows by 25% every year. What will the population be after 2 years?
- 32.A scooter is worth ₹33200. Its value falls by 25% every year. What will it be worth after 2 years (in ₹)?
- 33.What amount will ₹27200 grow to in 3 years at 25% per year compound interest (in ₹)?
- 34.What amount will ₹24600 grow to in 1 year at 4% per year compound interest (in ₹)?
- 35.What amount will ₹40000 grow to in 3 years at 5% per year compound interest (in ₹)?
- 36.What amount will ₹48000 grow to in 3 years at 5% per year compound interest (in ₹)?
- 37.A town has 35800 people. The population grows by 5% every year. What will the population be after 1 year?
- 38.What amount will ₹27500 grow to in 2 years at 12% per year compound interest (in ₹)?
- 39.Find the compound interest on ₹32000 at 5% per year for 3 years, compounded every year (in ₹).
- 40.Find the compound interest on ₹35200 at 25% per year for 2 years, compounded every year (in ₹).
Answer key
- 5952
- 3675
- 22500
- 18055
- 583
- 6615
- 14550
- 57860
- 1032
- 19652
- 2496
- 7566
- 4320
- 55566
- 6240
- 51909
- 984
- 50578
- 132
- 30000
- 14641
- 28800
- 1344
- 69212
- 11664
- 2055
- 12960
- 122
- 5680
- 1287
- 21875
- 18675
- 53125
- 25584
- 46305
- 55566
- 37590
- 34496
- 5044
- 19800
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