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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 60 · 40 sums
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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. 1.Find the compound interest on ₹20700 at 15% per year for 1 year, compounded every year (in ₹).
  2. 2.Find the compound interest on ₹57500 at 12% per year for 2 years, compounded every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹47500 at 4% per year for 2 years (in ₹)?
  4. 4.What amount will ₹7500 grow to in 3 years at 20% per year compound interest (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹2400 at 15% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
  7. 7.Find the compound interest on ₹47500 at 8% per year for 2 years, compounded every year (in ₹).
  8. 8.What amount will ₹11900 grow to in 1 year at 15% per year compound interest (in ₹)?
  9. 9.What amount will ₹40600 grow to in 1 year at 10% per year compound interest (in ₹)?
  10. 10.A town has 56000 people. The population grows by 20% every year. What will the population be after 3 years?
  11. 11.What amount will ₹47900 grow to in 1 year at 25% per year compound interest (in ₹)?
  12. 12.What amount will ₹11600 grow to in 1 year at 10% per year compound interest (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹31200 at 25% per year for 2 years (in ₹)?
  14. 14.What amount will ₹34000 grow to in 1 year at 12% per year compound interest (in ₹)?
  15. 15.What amount will ₹57500 grow to in 2 years at 4% per year compound interest (in ₹)?
  16. 16.What amount will ₹19600 grow to in 2 years at 25% per year compound interest (in ₹)?
  17. 17.What amount will ₹14000 grow to in 3 years at 20% per year compound interest (in ₹)?
  18. 18.Find the compound interest on ₹12500 at 12% per year for 2 years, compounded every year (in ₹).
  19. 19.What amount will ₹27000 grow to in 1 year at 8% per year compound interest (in ₹)?
  20. 20.What amount will ₹48000 grow to in 3 years at 5% per year compound interest (in ₹)?
  21. 21.Find the compound interest on ₹5500 at 20% per year for 3 years, compounded every year (in ₹).
  22. 22.Find the compound interest on ₹38400 at 25% per year for 3 years, compounded every year (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹11200 at 25% per year for 2 years (in ₹)?
  24. 24.Find the compound interest on ₹51000 at 10% per year for 3 years, compounded every year (in ₹).
  25. 25.Find the compound interest on ₹46400 at 20% per year for 2 years, compounded every year (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹25300 at 10% per year for 2 years (in ₹)?
  27. 27.A town has 48800 people. The population grows by 25% every year. What will the population be after 2 years?
  28. 28.What is the difference between the compound interest and the simple interest on ₹16000 at 25% per year for 2 years (in ₹)?
  29. 29.What amount will ₹30000 grow to in 3 years at 10% per year compound interest (in ₹)?
  30. 30.Find the compound interest on ₹16000 at 15% per year for 3 years, compounded every year (in ₹).
  31. 31.Find the compound interest on ₹14300 at 20% per year for 2 years, compounded every year (in ₹).
  32. 32.What amount will ₹4500 grow to in 1 year at 5% per year compound interest (in ₹)?
  33. 33.Find the compound interest on ₹41200 at 15% per year for 2 years, compounded every year (in ₹).
  34. 34.Find the compound interest on ₹24000 at 15% per year for 3 years, compounded every year (in ₹).
  35. 35.Find the compound interest on ₹25600 at 8% per year for 1 year, compounded every year (in ₹).
  36. 36.Find the compound interest on ₹21100 at 25% per year for 1 year, compounded every year (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
  38. 38.Find the compound interest on ₹7900 at 15% per year for 1 year, compounded every year (in ₹).
  39. 39.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
  40. 40.A town has 33900 people. The population grows by 15% every year. What will the population be after 1 year?

Answer key

  1. 3105
  2. 14628
  3. 76
  4. 12960
  5. 54
  6. 128
  7. 7904
  8. 13685
  9. 44660
  10. 96768
  11. 59875
  12. 12760
  13. 1950
  14. 38080
  15. 62192
  16. 30625
  17. 24192
  18. 3180
  19. 29160
  20. 55566
  21. 4004
  22. 36600
  23. 700
  24. 16881
  25. 20416
  26. 253
  27. 76250
  28. 1000
  29. 39930
  30. 8334
  31. 6292
  32. 4725
  33. 13287
  34. 12501
  35. 2048
  36. 5275
  37. 96
  38. 1185
  39. 180
  40. 38985

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