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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 726 · 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.

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  1. 1.A town has 12900 people. The population grows by 10% every year. What will the population be after 2 years?
  2. 2.A town has 4000 people. The population grows by 8% every year. What will the population be after 1 year?
  3. 3.What amount will ₹38400 grow to in 2 years at 25% per year compound interest (in ₹)?
  4. 4.Find the compound interest on ₹32000 at 25% per year for 3 years, compounded every year (in ₹).
  5. 5.Find the compound interest on ₹46100 at 5% per year for 1 year, compounded every year (in ₹).
  6. 6.Find the compound interest on ₹51900 at 8% per year for 1 year, compounded every year (in ₹).
  7. 7.A town has 51400 people. The population grows by 12% every year. What will the population be after 1 year?
  8. 8.What is the difference between the compound interest and the simple interest on ₹18700 at 20% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹55000 at 8% per year for 2 years, compounded every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹23600 at 25% per year for 2 years (in ₹)?
  11. 11.Find the compound interest on ₹42300 at 10% per year for 1 year, compounded every year (in ₹).
  12. 12.What amount will ₹15500 grow to in 3 years at 20% per year compound interest (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹20400 at 5% per year for 2 years (in ₹)?
  14. 14.What amount will ₹10000 grow to in 2 years at 8% per year compound interest (in ₹)?
  15. 15.A town has 19400 people. The population grows by 10% every year. What will the population be after 1 year?
  16. 16.What amount will ₹16000 grow to in 3 years at 5% per year compound interest (in ₹)?
  17. 17.What amount will ₹58800 grow to in 2 years at 15% per year compound interest (in ₹)?
  18. 18.Find the compound interest on ₹40000 at 20% per year for 1 year, compounded every year (in ₹).
  19. 19.Find the compound interest on ₹21200 at 5% per year for 1 year, compounded every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹14400 at 25% per year for 2 years (in ₹)?
  21. 21.Find the compound interest on ₹46000 at 15% per year for 2 years, compounded every year (in ₹).
  22. 22.What amount will ₹13500 grow to in 1 year at 10% per year compound interest (in ₹)?
  23. 23.Find the compound interest on ₹15000 at 12% per year for 2 years, compounded every year (in ₹).
  24. 24.What amount will ₹51600 grow to in 2 years at 5% per year compound interest (in ₹)?
  25. 25.Find the compound interest on ₹42900 at 12% per year for 1 year, compounded every year (in ₹).
  26. 26.What amount will ₹12500 grow to in 2 years at 4% per year compound interest (in ₹)?
  27. 27.Find the compound interest on ₹40000 at 15% per year for 3 years, compounded every year (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹26700 at 10% per year for 2 years (in ₹)?
  29. 29.What amount will ₹32200 grow to in 1 year at 10% per year compound interest (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹30000 at 15% per year for 2 years (in ₹)?
  31. 31.What is the difference between the compound interest and the simple interest on ₹39300 at 10% per year for 2 years (in ₹)?
  32. 32.A scooter is worth ₹57600. Its value falls by 12% every year. What will it be worth after 1 year (in ₹)?
  33. 33.Find the compound interest on ₹60000 at 12% per year for 2 years, compounded every year (in ₹).
  34. 34.A town has 45200 people. The population grows by 4% every year. What will the population be after 1 year?
  35. 35.What is the difference between the compound interest and the simple interest on ₹15500 at 20% per year for 2 years (in ₹)?
  36. 36.What amount will ₹28000 grow to in 3 years at 10% per year compound interest (in ₹)?
  37. 37.A town has 57500 people. The population grows by 8% every year. What will the population be after 2 years?
  38. 38.What is the difference between the compound interest and the simple interest on ₹47200 at 5% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹14800 at 25% per year for 2 years (in ₹)?
  40. 40.A scooter is worth ₹22800. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?

Answer key

  1. 15609
  2. 4320
  3. 60000
  4. 30500
  5. 2305
  6. 4152
  7. 57568
  8. 748
  9. 9152
  10. 1475
  11. 4230
  12. 26784
  13. 51
  14. 11664
  15. 21340
  16. 18522
  17. 77763
  18. 8000
  19. 1060
  20. 900
  21. 14835
  22. 14850
  23. 3816
  24. 56889
  25. 5148
  26. 13520
  27. 20835
  28. 267
  29. 35420
  30. 675
  31. 393
  32. 50688
  33. 15264
  34. 47008
  35. 620
  36. 37268
  37. 67068
  38. 118
  39. 925
  40. 16473

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