Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 560 · 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.A scooter is worth ₹60000. Its value falls by 4% every year. What will it be worth after 2 years (in ₹)?
2. 2.Find the compound interest on ₹11200 at 15% per year for 1 year, compounded every year (in ₹).
3. 3.Find the compound interest on ₹2800 at 10% per year for 2 years, compounded every year (in ₹).
4. 4.What amount will ₹18600 grow to in 1 year at 15% per year compound interest (in ₹)?
5. 5.What amount will ₹57300 grow to in 1 year at 15% per year compound interest (in ₹)?
6. 6.Find the compound interest on ₹36800 at 12% per year for 1 year, compounded every year (in ₹).
7. 7.What is the difference between the compound interest and the simple interest on ₹27500 at 12% per year for 2 years (in ₹)?
8. 8.What amount will ₹8000 grow to in 3 years at 5% per year compound interest (in ₹)?
9. 9.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
10. 10.A scooter is worth ₹32400. Its value falls by 15% every year. What will it be worth after 1 year (in ₹)?
11. 11.A town has 21000 people. The population grows by 10% every year. What will the population be after 3 years?
12. 12.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
13. 13.What amount will ₹27500 grow to in 2 years at 8% per year compound interest (in ₹)?
14. 14.What amount will ₹25600 grow to in 2 years at 15% per year compound interest (in ₹)?
15. 15.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
16. 16.What is the difference between the compound interest and the simple interest on ₹52500 at 8% per year for 2 years (in ₹)?
17. 17.Find the compound interest on ₹36800 at 25% per year for 3 years, compounded every year (in ₹).
18. 18.What amount will ₹14000 grow to in 1 year at 15% per year compound interest (in ₹)?
19. 19.What is the difference between the compound interest and the simple interest on ₹41400 at 20% per year for 2 years (in ₹)?
20. 20.A town has 8100 people. The population grows by 20% every year. What will the population be after 2 years?
21. 21.A scooter is worth ₹52400. Its value falls by 4% every year. What will it be worth after 1 year (in ₹)?
22. 22.Find the compound interest on ₹42000 at 15% per year for 2 years, compounded every year (in ₹).
23. 23.What amount will ₹19400 grow to in 1 year at 8% per year compound interest (in ₹)?
24. 24.What is the difference between the compound interest and the simple interest on ₹60000 at 12% per year for 2 years (in ₹)?
25. 25.What is the difference between the compound interest and the simple interest on ₹58400 at 5% per year for 2 years (in ₹)?
26. 26.A town has 11000 people. The population grows by 10% every year. What will the population be after 3 years?
27. 27.Find the compound interest on ₹32000 at 15% per year for 3 years, compounded every year (in ₹).
28. 28.What amount will ₹58200 grow to in 1 year at 10% per year compound interest (in ₹)?
29. 29.What amount will ₹36600 grow to in 1 year at 12% per year compound interest (in ₹)?
30. 30.What amount will ₹26400 grow to in 2 years at 10% per year compound interest (in ₹)?
31. 31.Find the compound interest on ₹37500 at 8% per year for 2 years, compounded every year (in ₹).
32. 32.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
33. 33.What amount will ₹60000 grow to in 2 years at 8% per year compound interest (in ₹)?
34. 34.A town has 47500 people. The population grows by 12% every year. What will the population be after 2 years?
35. 35.What amount will ₹55100 grow to in 1 year at 15% per year compound interest (in ₹)?
36. 36.A town has 5200 people. The population grows by 8% every year. What will the population be after 1 year?
37. 37.What is the difference between the compound interest and the simple interest on ₹44000 at 20% per year for 2 years (in ₹)?
38. 38.Find the compound interest on ₹27200 at 15% per year for 2 years, compounded every year (in ₹).
39. 39.Find the compound interest on ₹34000 at 5% per year for 2 years, compounded every year (in ₹).
40. 40.A scooter is worth ₹6400. Its value falls by 8% every year. What will it be worth after 1 year (in ₹)?

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