Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 802 · 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.What is the difference between the compound interest and the simple interest on ₹57500 at 8% per year for 2 years (in ₹)?
2. 2.Find the compound interest on ₹35400 at 10% per year for 2 years, compounded every year (in ₹).
3. 3.What is the difference between the compound interest and the simple interest on ₹43500 at 20% per year for 2 years (in ₹)?
4. 4.A scooter is worth ₹15600. Its value falls by 20% every year. What will it be worth after 2 years (in ₹)?
5. 5.Find the compound interest on ₹22500 at 8% per year for 2 years, compounded every year (in ₹).
6. 6.What amount will ₹15600 grow to in 1 year at 10% per year compound interest (in ₹)?
7. 7.What is the difference between the compound interest and the simple interest on ₹6100 at 20% per year for 2 years (in ₹)?
8. 8.Find the compound interest on ₹17000 at 10% per year for 3 years, compounded every year (in ₹).
9. 9.What amount will ₹6300 grow to in 1 year at 12% per year compound interest (in ₹)?
10. 10.Find the compound interest on ₹23300 at 10% per year for 1 year, compounded every year (in ₹).
11. 11.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
12. 12.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
13. 13.Find the compound interest on ₹16000 at 5% per year for 3 years, compounded every year (in ₹).
14. 14.What is the difference between the compound interest and the simple interest on ₹4000 at 15% per year for 2 years (in ₹)?
15. 15.What is the difference between the compound interest and the simple interest on ₹41200 at 25% per year for 2 years (in ₹)?
16. 16.What amount will ₹35600 grow to in 2 years at 25% per year compound interest (in ₹)?
17. 17.A town has 22400 people. The population grows by 25% every year. What will the population be after 3 years?
18. 18.A town has 5000 people. The population grows by 4% every year. What will the population be after 2 years?
19. 19.Find the compound interest on ₹56000 at 15% per year for 3 years, compounded every year (in ₹).
20. 20.Find the compound interest on ₹10800 at 15% per year for 2 years, compounded every year (in ₹).
21. 21.Find the compound interest on ₹35500 at 20% per year for 3 years, compounded every year (in ₹).
22. 22.Find the compound interest on ₹32400 at 4% per year for 1 year, compounded every year (in ₹).
23. 23.A scooter is worth ₹17300. Its value falls by 4% every year. What will it be worth after 1 year (in ₹)?
24. 24.Find the compound interest on ₹31900 at 8% per year for 1 year, compounded every year (in ₹).
25. 25.What amount will ₹43700 grow to in 1 year at 5% per year compound interest (in ₹)?
26. 26.What amount will ₹19900 grow to in 2 years at 10% per year compound interest (in ₹)?
27. 27.Find the compound interest on ₹59200 at 25% per year for 3 years, compounded every year (in ₹).
28. 28.A town has 60000 people. The population grows by 8% every year. What will the population be after 2 years?
29. 29.What is the difference between the compound interest and the simple interest on ₹54300 at 10% per year for 2 years (in ₹)?
30. 30.What is the difference between the compound interest and the simple interest on ₹28800 at 15% per year for 2 years (in ₹)?
31. 31.A scooter is worth ₹40000. Its value falls by 5% every year. What will it be worth after 3 years (in ₹)?
32. 32.A scooter is worth ₹30000. Its value falls by 4% every year. What will it be worth after 2 years (in ₹)?
33. 33.What amount will ₹11100 grow to in 1 year at 20% per year compound interest (in ₹)?
34. 34.What is the difference between the compound interest and the simple interest on ₹52500 at 4% per year for 2 years (in ₹)?
35. 35.What is the difference between the compound interest and the simple interest on ₹22500 at 12% per year for 2 years (in ₹)?
36. 36.Find the compound interest on ₹33400 at 15% per year for 1 year, compounded every year (in ₹).
37. 37.What is the difference between the compound interest and the simple interest on ₹33700 at 10% per year for 2 years (in ₹)?
38. 38.What is the difference between the compound interest and the simple interest on ₹30000 at 4% per year for 2 years (in ₹)?
39. 39.What amount will ₹22500 grow to in 2 years at 8% per year compound interest (in ₹)?
40. 40.A scooter is worth ₹54000. Its value falls by 25% every year. What will it be worth after 1 year (in ₹)?

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