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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 683 · 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 ₹38400 at 25% per year for 3 years, compounded every year (in ₹).
  2. 2.Find the compound interest on ₹2100 at 15% per year for 1 year, compounded every year (in ₹).
  3. 3.What amount will ₹32400 grow to in 1 year at 25% per year compound interest (in ₹)?
  4. 4.A scooter is worth ₹34400. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
  5. 5.Find the compound interest on ₹18400 at 5% per year for 2 years, compounded every year (in ₹).
  6. 6.A scooter is worth ₹51600. Its value falls by 5% every year. What will it be worth after 2 years (in ₹)?
  7. 7.What is the difference between the compound interest and the simple interest on ₹11300 at 20% per year for 2 years (in ₹)?
  8. 8.A scooter is worth ₹28000. Its value falls by 10% every year. What will it be worth after 3 years (in ₹)?
  9. 9.A town has 41100 people. The population grows by 4% every year. What will the population be after 1 year?
  10. 10.Find the compound interest on ₹50600 at 25% per year for 1 year, compounded every year (in ₹).
  11. 11.What amount will ₹6000 grow to in 3 years at 10% per year compound interest (in ₹)?
  12. 12.Find the compound interest on ₹14800 at 8% per year for 1 year, compounded every year (in ₹).
  13. 13.Find the compound interest on ₹42500 at 8% per year for 2 years, compounded every year (in ₹).
  14. 14.Find the compound interest on ₹52400 at 5% per year for 2 years, compounded every year (in ₹).
  15. 15.Find the compound interest on ₹33200 at 10% per year for 1 year, compounded every year (in ₹).
  16. 16.Find the compound interest on ₹40000 at 10% per year for 2 years, compounded every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹52000 at 10% per year for 2 years (in ₹)?
  18. 18.Find the compound interest on ₹49000 at 10% per year for 3 years, compounded every year (in ₹).
  19. 19.Find the compound interest on ₹30000 at 4% per year for 2 years, compounded every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹6000 at 20% per year for 2 years (in ₹)?
  21. 21.What is the difference between the compound interest and the simple interest on ₹16400 at 25% per year for 2 years (in ₹)?
  22. 22.A town has 59500 people. The population grows by 25% every year. What will the population be after 1 year?
  23. 23.What amount will ₹46700 grow to in 2 years at 10% per year compound interest (in ₹)?
  24. 24.Find the compound interest on ₹31300 at 10% per year for 2 years, compounded every year (in ₹).
  25. 25.A scooter is worth ₹23600. Its value falls by 10% every year. What will it be worth after 2 years (in ₹)?
  26. 26.What amount will ₹53500 grow to in 3 years at 20% per year compound interest (in ₹)?
  27. 27.A town has 1600 people. The population grows by 25% every year. What will the population be after 3 years?
  28. 28.Find the compound interest on ₹53200 at 10% per year for 2 years, compounded every year (in ₹).
  29. 29.A scooter is worth ₹8800. Its value falls by 25% every year. What will it be worth after 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹40400 at 5% per year for 2 years (in ₹)?
  31. 31.What amount will ₹2500 grow to in 2 years at 4% per year compound interest (in ₹)?
  32. 32.Find the compound interest on ₹19500 at 20% per year for 1 year, compounded every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
  34. 34.What amount will ₹44700 grow to in 1 year at 12% per year compound interest (in ₹)?
  35. 35.What amount will ₹40000 grow to in 3 years at 5% per year compound interest (in ₹)?
  36. 36.What amount will ₹22500 grow to in 2 years at 4% per year compound interest (in ₹)?
  37. 37.What is the difference between the compound interest and the simple interest on ₹21200 at 25% per year for 2 years (in ₹)?
  38. 38.What amount will ₹42500 grow to in 2 years at 8% per year compound interest (in ₹)?
  39. 39.A town has 57500 people. The population grows by 20% every year. What will the population be after 1 year?
  40. 40.Find the compound interest on ₹59200 at 5% per year for 2 years, compounded every year (in ₹).

Answer key

  1. 36600
  2. 315
  3. 40500
  4. 30960
  5. 1886
  6. 46569
  7. 452
  8. 20412
  9. 42744
  10. 12650
  11. 7986
  12. 1184
  13. 7072
  14. 5371
  15. 3320
  16. 8400
  17. 520
  18. 16219
  19. 2448
  20. 240
  21. 1025
  22. 74375
  23. 56507
  24. 6573
  25. 19116
  26. 92448
  27. 3125
  28. 11172
  29. 4950
  30. 101
  31. 2704
  32. 3900
  33. 72
  34. 50064
  35. 46305
  36. 24336
  37. 1325
  38. 49572
  39. 69000
  40. 6068

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