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.
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- 1.A town has 10400 people. The population grows by 5% every year. What will the population be after 2 years?
- 2.Find the compound interest on ₹2400 at 5% per year for 2 years, compounded every year (in ₹).
- 3.Find the compound interest on ₹49600 at 25% per year for 3 years, compounded every year (in ₹).
- 4.What amount will ₹31600 grow to in 1 year at 25% per year compound interest (in ₹)?
- 5.Find the compound interest on ₹16000 at 5% per year for 3 years, compounded every year (in ₹).
- 6.Find the compound interest on ₹52500 at 4% per year for 2 years, compounded every year (in ₹).
- 7.A town has 23500 people. The population grows by 20% every year. What will the population be after 3 years?
- 8.What amount will ₹9200 grow to in 2 years at 10% per year compound interest (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?
- 10.A town has 28900 people. The population grows by 8% every year. What will the population be after 1 year?
- 11.What is the difference between the compound interest and the simple interest on ₹10000 at 5% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹17200 at 20% per year for 1 year, compounded every year (in ₹).
- 13.A scooter is worth ₹34400. Its value falls by 5% every year. What will it be worth after 2 years (in ₹)?
- 14.A town has 12000 people. The population grows by 25% every year. What will the population be after 2 years?
- 15.Find the compound interest on ₹26200 at 8% per year for 1 year, compounded every year (in ₹).
- 16.What amount will ₹50200 grow to in 2 years at 20% per year compound interest (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹5400 at 10% per year for 2 years (in ₹)?
- 18.A scooter is worth ₹4100. Its value falls by 25% every year. What will it be worth after 1 year (in ₹)?
- 19.A town has 56000 people. The population grows by 10% every year. What will the population be after 3 years?
- 20.A town has 9000 people. The population grows by 10% every year. What will the population be after 3 years?
- 21.A scooter is worth ₹17500. Its value falls by 20% every year. What will it be worth after 3 years (in ₹)?
- 22.What amount will ₹7500 grow to in 2 years at 4% per year compound interest (in ₹)?
- 23.Find the compound interest on ₹54200 at 10% per year for 1 year, compounded every year (in ₹).
- 24.What amount will ₹22400 grow to in 3 years at 25% per year compound interest (in ₹)?
- 25.What is the difference between the compound interest and the simple interest on ₹18800 at 5% per year for 2 years (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹32000 at 20% per year for 2 years (in ₹)?
- 27.What amount will ₹50400 grow to in 1 year at 20% per year compound interest (in ₹)?
- 28.What is the difference between the compound interest and the simple interest on ₹6600 at 20% per year for 2 years (in ₹)?
- 29.A town has 22500 people. The population grows by 20% every year. What will the population be after 1 year?
- 30.What is the difference between the compound interest and the simple interest on ₹30000 at 10% per year for 2 years (in ₹)?
- 31.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
- 32.What amount will ₹30400 grow to in 2 years at 10% per year compound interest (in ₹)?
- 33.What amount will ₹52500 grow to in 2 years at 4% per year compound interest (in ₹)?
- 34.What is the difference between the compound interest and the simple interest on ₹55400 at 10% per year for 2 years (in ₹)?
- 35.What amount will ₹12400 grow to in 2 years at 25% per year compound interest (in ₹)?
- 36.Find the compound interest on ₹48000 at 5% per year for 3 years, compounded every year (in ₹).
- 37.A scooter is worth ₹17700. Its value falls by 25% every year. What will it be worth after 1 year (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹21600 at 25% per year for 2 years (in ₹)?
- 39.A town has 10000 people. The population grows by 8% every year. What will the population be after 2 years?
- 40.What is the difference between the compound interest and the simple interest on ₹48000 at 5% per year for 2 years (in ₹)?
Answer key
- 11466
- 246
- 47275
- 39500
- 2522
- 4284
- 40608
- 11132
- 504
- 31212
- 25
- 3440
- 31046
- 18750
- 2096
- 72288
- 54
- 3075
- 74536
- 11979
- 8960
- 8112
- 5420
- 43750
- 47
- 1280
- 60480
- 264
- 27000
- 300
- 144
- 36784
- 56784
- 554
- 19375
- 7566
- 13275
- 1350
- 11664
- 120
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