Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 849 · 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 ₹50300 at 10% per year for 1 year, compounded every year (in ₹).
2. 2.A scooter is worth ₹48000. Its value falls by 15% every year. What will it be worth after 3 years (in ₹)?
3. 3.What is the difference between the compound interest and the simple interest on ₹49200 at 15% per year for 2 years (in ₹)?
4. 4.What is the difference between the compound interest and the simple interest on ₹22500 at 4% per year for 2 years (in ₹)?
5. 5.Find the compound interest on ₹38000 at 15% per year for 2 years, compounded every year (in ₹).
6. 6.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
7. 7.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
8. 8.What amount will ₹16800 grow to in 2 years at 15% per year compound interest (in ₹)?
9. 9.What is the difference between the compound interest and the simple interest on ₹22200 at 10% per year for 2 years (in ₹)?
10. 10.What is the difference between the compound interest and the simple interest on ₹56800 at 5% per year for 2 years (in ₹)?
11. 11.What amount will ₹9100 grow to in 1 year at 20% per year compound interest (in ₹)?
12. 12.Find the compound interest on ₹19900 at 20% per year for 1 year, compounded every year (in ₹).
13. 13.Find the compound interest on ₹6000 at 25% per year for 2 years, compounded every year (in ₹).
14. 14.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
15. 15.Find the compound interest on ₹43800 at 12% per year for 1 year, compounded every year (in ₹).
16. 16.What is the difference between the compound interest and the simple interest on ₹50800 at 15% per year for 2 years (in ₹)?
17. 17.Find the compound interest on ₹26200 at 25% per year for 1 year, compounded every year (in ₹).
18. 18.Find the compound interest on ₹43100 at 5% per year for 1 year, compounded every year (in ₹).
19. 19.A scooter is worth ₹50000. Its value falls by 8% every year. What will it be worth after 2 years (in ₹)?
20. 20.What is the difference between the compound interest and the simple interest on ₹12500 at 4% per year for 2 years (in ₹)?
21. 21.What amount will ₹17200 grow to in 2 years at 15% per year compound interest (in ₹)?
22. 22.Find the compound interest on ₹56000 at 5% per year for 3 years, compounded every year (in ₹).
23. 23.What amount will ₹35000 grow to in 2 years at 12% per year compound interest (in ₹)?
24. 24.What amount will ₹11200 grow to in 3 years at 25% per year compound interest (in ₹)?
25. 25.Find the compound interest on ₹16000 at 5% per year for 2 years, compounded every year (in ₹).
26. 26.A town has 51600 people. The population grows by 12% every year. What will the population be after 1 year?
27. 27.Find the compound interest on ₹21700 at 25% per year for 1 year, compounded every year (in ₹).
28. 28.What amount will ₹21400 grow to in 1 year at 10% per year compound interest (in ₹)?
29. 29.Find the compound interest on ₹33000 at 10% per year for 3 years, compounded every year (in ₹).
30. 30.A town has 14800 people. The population grows by 25% every year. What will the population be after 2 years?
31. 31.What is the difference between the compound interest and the simple interest on ₹28800 at 10% per year for 2 years (in ₹)?
32. 32.A scooter is worth ₹32500. Its value falls by 4% every year. What will it be worth after 2 years (in ₹)?
33. 33.Find the compound interest on ₹45100 at 10% per year for 2 years, compounded every year (in ₹).
34. 34.Find the compound interest on ₹35800 at 15% per year for 1 year, compounded every year (in ₹).
35. 35.What is the difference between the compound interest and the simple interest on ₹8000 at 25% per year for 2 years (in ₹)?
36. 36.Find the compound interest on ₹23200 at 5% per year for 2 years, compounded every year (in ₹).
37. 37.A scooter is worth ₹26500. Its value falls by 20% every year. What will it be worth after 3 years (in ₹)?
38. 38.A scooter is worth ₹22500. Its value falls by 4% every year. What will it be worth after 2 years (in ₹)?
39. 39.What amount will ₹23800 grow to in 1 year at 10% per year compound interest (in ₹)?
40. 40.Find the compound interest on ₹51600 at 5% per year for 2 years, compounded every year (in ₹).

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