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.What amount will ₹30800 grow to in 1 year at 8% per year compound interest (in ₹)?
- 2.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
- 3.Find the compound interest on ₹8000 at 25% per year for 2 years, compounded every year (in ₹).
- 4.Find the compound interest on ₹27600 at 5% per year for 2 years, compounded every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
- 6.What is the difference between the compound interest and the simple interest on ₹10800 at 25% per year for 2 years (in ₹)?
- 7.What is the difference between the compound interest and the simple interest on ₹14800 at 25% per year for 2 years (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
- 9.What amount will ₹44800 grow to in 3 years at 25% per year compound interest (in ₹)?
- 10.Find the compound interest on ₹33600 at 10% per year for 2 years, compounded every year (in ₹).
- 11.A scooter is worth ₹5000. Its value falls by 8% every year. What will it be worth after 2 years (in ₹)?
- 12.A town has 32500 people. The population grows by 8% every year. What will the population be after 2 years?
- 13.A town has 11200 people. The population grows by 25% every year. What will the population be after 3 years?
- 14.What is the difference between the compound interest and the simple interest on ₹15600 at 25% per year for 2 years (in ₹)?
- 15.A town has 25000 people. The population grows by 4% every year. What will the population be after 2 years?
- 16.What amount will ₹40000 grow to in 3 years at 25% per year compound interest (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹14700 at 10% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹3400 at 20% per year for 1 year, compounded every year (in ₹).
- 19.What is the difference between the compound interest and the simple interest on ₹41600 at 5% per year for 2 years (in ₹)?
- 20.A town has 11000 people. The population grows by 10% every year. What will the population be after 3 years?
- 21.Find the compound interest on ₹25900 at 10% per year for 1 year, compounded every year (in ₹).
- 22.A scooter is worth ₹16600. Its value falls by 12% every year. What will it be worth after 1 year (in ₹)?
- 23.What amount will ₹32700 grow to in 1 year at 20% per year compound interest (in ₹)?
- 24.Find the compound interest on ₹50000 at 12% per year for 2 years, compounded every year (in ₹).
- 25.Find the compound interest on ₹52000 at 10% per year for 3 years, compounded every year (in ₹).
- 26.What amount will ₹8000 grow to in 2 years at 5% per year compound interest (in ₹)?
- 27.What amount will ₹24000 grow to in 3 years at 5% per year compound interest (in ₹)?
- 28.Find the compound interest on ₹11200 at 20% per year for 1 year, compounded every year (in ₹).
- 29.A scooter is worth ₹36000. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
- 30.Find the compound interest on ₹19000 at 20% per year for 1 year, compounded every year (in ₹).
- 31.What amount will ₹49000 grow to in 3 years at 20% per year compound interest (in ₹)?
- 32.Find the compound interest on ₹25300 at 12% per year for 1 year, compounded every year (in ₹).
- 33.Find the compound interest on ₹38800 at 4% per year for 1 year, compounded every year (in ₹).
- 34.Find the compound interest on ₹13600 at 12% per year for 1 year, compounded every year (in ₹).
- 35.What amount will ₹7500 grow to in 1 year at 15% per year compound interest (in ₹)?
- 36.Find the compound interest on ₹33600 at 15% per year for 2 years, compounded every year (in ₹).
- 37.Find the compound interest on ₹12600 at 10% per year for 1 year, compounded every year (in ₹).
- 38.What amount will ₹11700 grow to in 2 years at 10% per year compound interest (in ₹)?
- 39.Find the compound interest on ₹2800 at 15% per year for 2 years, compounded every year (in ₹).
- 40.Find the compound interest on ₹32400 at 5% per year for 1 year, compounded every year (in ₹).
Answer key
- 33264
- 44
- 4500
- 2829
- 24
- 675
- 925
- 32
- 87500
- 7056
- 4232
- 37908
- 21875
- 975
- 27040
- 78125
- 147
- 680
- 104
- 14641
- 2590
- 14608
- 39240
- 12720
- 17212
- 8820
- 27783
- 2240
- 32400
- 3800
- 84672
- 3036
- 1552
- 1632
- 8625
- 10836
- 1260
- 14157
- 903
- 1620
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets