Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 837 · 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.A scooter is worth ₹51000. Its value falls by 5% every year. What will it be worth after 1 year (in ₹)?
2. 2.Find the compound interest on ₹54300 at 20% per year for 2 years, compounded every year (in ₹).
3. 3.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
4. 4.What is the difference between the compound interest and the simple interest on ₹12800 at 5% per year for 2 years (in ₹)?
5. 5.A scooter is worth ₹47400. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
6. 6.A town has 7500 people. The population grows by 8% every year. What will the population be after 2 years?
7. 7.What is the difference between the compound interest and the simple interest on ₹58400 at 5% per year for 2 years (in ₹)?
8. 8.Find the compound interest on ₹34000 at 25% per year for 2 years, compounded every year (in ₹).
9. 9.Find the compound interest on ₹35000 at 8% per year for 1 year, compounded every year (in ₹).
10. 10.Find the compound interest on ₹6400 at 25% per year for 3 years, compounded every year (in ₹).
11. 11.What amount will ₹47100 grow to in 2 years at 10% per year compound interest (in ₹)?
12. 12.What is the difference between the compound interest and the simple interest on ₹10100 at 10% per year for 2 years (in ₹)?
13. 13.What is the difference between the compound interest and the simple interest on ₹9300 at 10% per year for 2 years (in ₹)?
14. 14.Find the compound interest on ₹56000 at 15% per year for 1 year, compounded every year (in ₹).
15. 15.A scooter is worth ₹29200. Its value falls by 5% every year. What will it be worth after 1 year (in ₹)?
16. 16.What amount will ₹11600 grow to in 2 years at 5% per year compound interest (in ₹)?
17. 17.Find the compound interest on ₹5900 at 10% per year for 1 year, compounded every year (in ₹).
18. 18.Find the compound interest on ₹39500 at 8% per year for 1 year, compounded every year (in ₹).
19. 19.A town has 36800 people. The population grows by 25% every year. What will the population be after 3 years?
20. 20.What is the difference between the compound interest and the simple interest on ₹28500 at 20% per year for 2 years (in ₹)?
21. 21.What is the difference between the compound interest and the simple interest on ₹19900 at 20% per year for 2 years (in ₹)?
22. 22.A town has 12600 people. The population grows by 8% every year. What will the population be after 1 year?
23. 23.What amount will ₹56000 grow to in 3 years at 15% per year compound interest (in ₹)?
24. 24.What is the difference between the compound interest and the simple interest on ₹37200 at 15% per year for 2 years (in ₹)?
25. 25.Find the compound interest on ₹44400 at 10% per year for 2 years, compounded every year (in ₹).
26. 26.What is the difference between the compound interest and the simple interest on ₹22400 at 25% per year for 2 years (in ₹)?
27. 27.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
28. 28.Find the compound interest on ₹23000 at 20% per year for 3 years, compounded every year (in ₹).
29. 29.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
30. 30.What amount will ₹54100 grow to in 2 years at 10% per year compound interest (in ₹)?
31. 31.A town has 35200 people. The population grows by 25% every year. What will the population be after 3 years?
32. 32.Find the compound interest on ₹58200 at 5% per year for 1 year, compounded every year (in ₹).
33. 33.What amount will ₹15600 grow to in 1 year at 25% per year compound interest (in ₹)?
34. 34.What is the difference between the compound interest and the simple interest on ₹53600 at 5% per year for 2 years (in ₹)?
35. 35.Find the compound interest on ₹51000 at 20% per year for 3 years, compounded every year (in ₹).
36. 36.A scooter is worth ₹3500. Its value falls by 15% every year. What will it be worth after 1 year (in ₹)?
37. 37.What amount will ₹24000 grow to in 3 years at 20% per year compound interest (in ₹)?
38. 38.A scooter is worth ₹47200. Its value falls by 5% every year. What will it be worth after 2 years (in ₹)?
39. 39.A scooter is worth ₹24000. Its value falls by 15% every year. What will it be worth after 3 years (in ₹)?
40. 40.Find the compound interest on ₹8000 at 5% per year for 3 years, compounded every year (in ₹).

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