Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 846 · 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.Find the compound interest on ₹51200 at 25% per year for 3 years, compounded every year (in ₹).
2. 2.A scooter is worth ₹12000. Its value falls by 5% every year. What will it be worth after 2 years (in ₹)?
3. 3.What is the difference between the compound interest and the simple interest on ₹17200 at 15% per year for 2 years (in ₹)?
4. 4.Find the compound interest on ₹19500 at 20% per year for 3 years, compounded every year (in ₹).
5. 5.What amount will ₹47500 grow to in 2 years at 12% per year compound interest (in ₹)?
6. 6.Find the compound interest on ₹22500 at 4% per year for 2 years, compounded every year (in ₹).
7. 7.What is the difference between the compound interest and the simple interest on ₹2000 at 20% per year for 2 years (in ₹)?
8. 8.Find the compound interest on ₹35000 at 10% per year for 3 years, compounded every year (in ₹).
9. 9.A town has 8000 people. The population grows by 15% every year. What will the population be after 3 years?
10. 10.Find the compound interest on ₹21600 at 25% per year for 2 years, compounded every year (in ₹).
11. 11.Find the compound interest on ₹48400 at 25% per year for 2 years, compounded every year (in ₹).
12. 12.What amount will ₹40800 grow to in 2 years at 15% per year compound interest (in ₹)?
13. 13.What amount will ₹7200 grow to in 1 year at 10% per year compound interest (in ₹)?
14. 14.Find the compound interest on ₹15000 at 8% per year for 2 years, compounded every year (in ₹).
15. 15.A scooter is worth ₹2300. Its value falls by 5% every year. What will it be worth after 1 year (in ₹)?
16. 16.A town has 38900 people. The population grows by 20% every year. What will the population be after 1 year?
17. 17.Find the compound interest on ₹47100 at 8% per year for 1 year, compounded every year (in ₹).
18. 18.What amount will ₹51200 grow to in 1 year at 20% per year compound interest (in ₹)?
19. 19.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
20. 20.What amount will ₹56800 grow to in 1 year at 4% per year compound interest (in ₹)?
21. 21.What amount will ₹56400 grow to in 2 years at 5% per year compound interest (in ₹)?
22. 22.What is the difference between the compound interest and the simple interest on ₹17600 at 5% per year for 2 years (in ₹)?
23. 23.Find the compound interest on ₹18000 at 8% per year for 1 year, compounded every year (in ₹).
24. 24.Find the compound interest on ₹3400 at 8% per year for 1 year, compounded every year (in ₹).
25. 25.What is the difference between the compound interest and the simple interest on ₹40400 at 25% per year for 2 years (in ₹)?
26. 26.Find the compound interest on ₹2800 at 25% per year for 2 years, compounded every year (in ₹).
27. 27.A scooter is worth ₹56300. Its value falls by 4% every year. What will it be worth after 1 year (in ₹)?
28. 28.What amount will ₹37500 grow to in 2 years at 8% per year compound interest (in ₹)?
29. 29.What amount will ₹48500 grow to in 1 year at 12% per year compound interest (in ₹)?
30. 30.Find the compound interest on ₹6400 at 25% per year for 3 years, compounded every year (in ₹).
31. 31.What amount will ₹9700 grow to in 1 year at 4% per year compound interest (in ₹)?
32. 32.What amount will ₹14400 grow to in 2 years at 15% per year compound interest (in ₹)?
33. 33.A scooter is worth ₹11000. Its value falls by 10% every year. What will it be worth after 3 years (in ₹)?
34. 34.Find the compound interest on ₹34400 at 8% per year for 1 year, compounded every year (in ₹).
35. 35.Find the compound interest on ₹40000 at 25% per year for 2 years, compounded every year (in ₹).
36. 36.What amount will ₹9600 grow to in 3 years at 25% per year compound interest (in ₹)?
37. 37.A scooter is worth ₹56700. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
38. 38.Find the compound interest on ₹11200 at 25% per year for 3 years, compounded every year (in ₹).
39. 39.Find the compound interest on ₹14400 at 25% per year for 3 years, compounded every year (in ₹).
40. 40.Find the compound interest on ₹10800 at 15% per year for 2 years, compounded every year (in ₹).

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