Class 8 Maths Worksheet: Compound Interest
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.
NameDateTime takenScore ___ / 40
- 1.Find the compound interest on ₹51200 at 25% per year for 3 years, compounded every year (in ₹).
- 2.What amount will ₹43000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 3.A town has 6500 people. The population grows by 20% every year. What will the population be after 3 years?
- 4.What amount will ₹14300 grow to in 1 year at 4% per year compound interest (in ₹)?
- 5.Find the compound interest on ₹21900 at 10% per year for 1 year, compounded every year (in ₹).
- 6.Find the compound interest on ₹39700 at 15% per year for 1 year, compounded every year (in ₹).
- 7.What is the difference between the compound interest and the simple interest on ₹42100 at 10% per year for 2 years (in ₹)?
- 8.What amount will ₹50500 grow to in 1 year at 25% per year compound interest (in ₹)?
- 9.A town has 53600 people. The population grows by 5% every year. What will the population be after 1 year?
- 10.A town has 59800 people. The population grows by 10% every year. What will the population be after 2 years?
- 11.What is the difference between the compound interest and the simple interest on ₹47200 at 25% per year for 2 years (in ₹)?
- 12.A town has 50000 people. The population grows by 5% every year. What will the population be after 2 years?
- 13.Find the compound interest on ₹55600 at 5% per year for 2 years, compounded every year (in ₹).
- 14.Find the compound interest on ₹7500 at 12% per year for 2 years, compounded every year (in ₹).
- 15.What amount will ₹59700 grow to in 1 year at 15% per year compound interest (in ₹)?
- 16.Find the compound interest on ₹58400 at 25% per year for 2 years, compounded every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹33200 at 25% per year for 2 years (in ₹)?
- 18.A town has 9800 people. The population grows by 15% every year. What will the population be after 1 year?
- 19.What amount will ₹50700 grow to in 2 years at 10% per year compound interest (in ₹)?
- 20.What is the difference between the compound interest and the simple interest on ₹10000 at 15% per year for 2 years (in ₹)?
- 21.What amount will ₹46000 grow to in 2 years at 5% per year compound interest (in ₹)?
- 22.Find the compound interest on ₹18400 at 15% per year for 1 year, compounded every year (in ₹).
- 23.A town has 22500 people. The population grows by 12% every year. What will the population be after 2 years?
- 24.A town has 9300 people. The population grows by 4% every year. What will the population be after 1 year?
- 25.What is the difference between the compound interest and the simple interest on ₹38400 at 5% per year for 2 years (in ₹)?
- 26.What amount will ₹18600 grow to in 1 year at 4% per year compound interest (in ₹)?
- 27.What amount will ₹28400 grow to in 1 year at 15% per year compound interest (in ₹)?
- 28.A town has 50000 people. The population grows by 4% every year. What will the population be after 2 years?
- 29.What amount will ₹16200 grow to in 1 year at 5% per year compound interest (in ₹)?
- 30.What is the difference between the compound interest and the simple interest on ₹23200 at 15% per year for 2 years (in ₹)?
- 31.What is the difference between the compound interest and the simple interest on ₹56800 at 15% per year for 2 years (in ₹)?
- 32.Find the compound interest on ₹38800 at 12% per year for 1 year, compounded every year (in ₹).
- 33.What is the difference between the compound interest and the simple interest on ₹30000 at 12% per year for 2 years (in ₹)?
- 34.Find the compound interest on ₹11800 at 10% per year for 1 year, compounded every year (in ₹).
- 35.Find the compound interest on ₹32000 at 15% per year for 3 years, compounded every year (in ₹).
- 36.Find the compound interest on ₹57500 at 8% per year for 2 years, compounded every year (in ₹).
- 37.A town has 11100 people. The population grows by 5% every year. What will the population be after 1 year?
- 38.What is the difference between the compound interest and the simple interest on ₹23800 at 10% per year for 2 years (in ₹)?
- 39.What is the difference between the compound interest and the simple interest on ₹17400 at 20% per year for 2 years (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹25200 at 15% per year for 2 years (in ₹)?
Answer key
- 48800
- 57233
- 11232
- 14872
- 2190
- 5955
- 421
- 63125
- 56280
- 72358
- 2950
- 55125
- 5699
- 1908
- 68655
- 32850
- 2075
- 11270
- 61347
- 225
- 50715
- 2760
- 28224
- 9672
- 96
- 19344
- 32660
- 54080
- 17010
- 522
- 1278
- 4656
- 432
- 1180
- 16668
- 9568
- 11655
- 238
- 696
- 567
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