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.What amount will ₹59200 grow to in 3 years at 25% per year compound interest (in ₹)?
- 2.Find the compound interest on ₹12500 at 8% per year for 2 years, compounded every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹31600 at 25% per year for 2 years (in ₹)?
- 4.A town has 17800 people. The population grows by 20% every year. What will the population be after 2 years?
- 5.A town has 42000 people. The population grows by 20% every year. What will the population be after 2 years?
- 6.What is the difference between the compound interest and the simple interest on ₹9600 at 15% per year for 2 years (in ₹)?
- 7.Find the compound interest on ₹11500 at 20% per year for 3 years, compounded every year (in ₹).
- 8.A scooter is worth ₹25000. Its value falls by 20% every year. What will it be worth after 1 year (in ₹)?
- 9.What is the difference between the compound interest and the simple interest on ₹15000 at 10% per year for 2 years (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹46800 at 25% per year for 2 years (in ₹)?
- 11.Find the compound interest on ₹13400 at 20% per year for 2 years, compounded every year (in ₹).
- 12.Find the compound interest on ₹15000 at 8% per year for 2 years, compounded every year (in ₹).
- 13.What amount will ₹35000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 14.What amount will ₹56000 grow to in 3 years at 15% per year compound interest (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹10000 at 25% per year for 2 years (in ₹)?
- 16.What amount will ₹47500 grow to in 2 years at 8% per year compound interest (in ₹)?
- 17.What amount will ₹56800 grow to in 2 years at 10% per year compound interest (in ₹)?
- 18.Find the compound interest on ₹11200 at 15% per year for 2 years, compounded every year (in ₹).
- 19.What amount will ₹56000 grow to in 3 years at 5% per year compound interest (in ₹)?
- 20.Find the compound interest on ₹5000 at 4% per year for 2 years, compounded every year (in ₹).
- 21.A scooter is worth ₹10200. Its value falls by 8% every year. What will it be worth after 1 year (in ₹)?
- 22.Find the compound interest on ₹33600 at 25% per year for 3 years, compounded every year (in ₹).
- 23.Find the compound interest on ₹20000 at 10% per year for 3 years, compounded every year (in ₹).
- 24.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
- 25.What amount will ₹7500 grow to in 2 years at 4% per year compound interest (in ₹)?
- 26.What amount will ₹25100 grow to in 1 year at 8% per year compound interest (in ₹)?
- 27.What amount will ₹56000 grow to in 3 years at 25% per year compound interest (in ₹)?
- 28.A scooter is worth ₹23200. Its value falls by 5% every year. What will it be worth after 2 years (in ₹)?
- 29.Find the compound interest on ₹48000 at 15% per year for 3 years, compounded every year (in ₹).
- 30.A scooter is worth ₹44800. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
- 31.Find the compound interest on ₹33900 at 10% per year for 1 year, compounded every year (in ₹).
- 32.What is the difference between the compound interest and the simple interest on ₹6400 at 25% per year for 2 years (in ₹)?
- 33.What is the difference between the compound interest and the simple interest on ₹14000 at 5% per year for 2 years (in ₹)?
- 34.What amount will ₹27200 grow to in 1 year at 20% per year compound interest (in ₹)?
- 35.What amount will ₹42800 grow to in 2 years at 5% per year compound interest (in ₹)?
- 36.Find the compound interest on ₹26000 at 10% per year for 3 years, compounded every year (in ₹).
- 37.What amount will ₹37500 grow to in 2 years at 8% per year compound interest (in ₹)?
- 38.What amount will ₹29600 grow to in 1 year at 4% per year compound interest (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹42400 at 25% per year for 2 years (in ₹)?
- 40.Find the compound interest on ₹49500 at 10% per year for 1 year, compounded every year (in ₹).
Answer key
- 115625
- 2080
- 1975
- 25632
- 60480
- 216
- 8372
- 20000
- 150
- 2925
- 5896
- 2496
- 46585
- 85169
- 625
- 55404
- 68728
- 3612
- 64827
- 408
- 9384
- 32025
- 6620
- 304
- 8112
- 27108
- 109375
- 20938
- 25002
- 40320
- 3390
- 400
- 35
- 32640
- 47187
- 8606
- 43740
- 30784
- 2650
- 4950
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