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.
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- 1.Find the compound interest on ₹9500 at 12% per year for 1 year, compounded every year (in ₹).
- 2.Find the compound interest on ₹41200 at 5% per year for 2 years, compounded every year (in ₹).
- 3.What is the difference between the compound interest and the simple interest on ₹15300 at 20% per year for 2 years (in ₹)?
- 4.Find the compound interest on ₹26100 at 4% per year for 1 year, compounded every year (in ₹).
- 5.Find the compound interest on ₹32000 at 15% per year for 3 years, compounded every year (in ₹).
- 6.Find the compound interest on ₹52200 at 4% per year for 1 year, compounded every year (in ₹).
- 7.What amount will ₹14000 grow to in 2 years at 20% per year compound interest (in ₹)?
- 8.What is the difference between the compound interest and the simple interest on ₹25400 at 20% per year for 2 years (in ₹)?
- 9.Find the compound interest on ₹4000 at 15% per year for 2 years, compounded every year (in ₹).
- 10.What is the difference between the compound interest and the simple interest on ₹12200 at 20% per year for 2 years (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
- 12.What amount will ₹31400 grow to in 1 year at 10% per year compound interest (in ₹)?
- 13.What is the difference between the compound interest and the simple interest on ₹58000 at 15% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹52100 at 20% per year for 2 years, compounded every year (in ₹).
- 15.A town has 14000 people. The population grows by 5% every year. What will the population be after 1 year?
- 16.Find the compound interest on ₹40700 at 10% per year for 2 years, compounded every year (in ₹).
- 17.What is the difference between the compound interest and the simple interest on ₹58800 at 5% per year for 2 years (in ₹)?
- 18.Find the compound interest on ₹43100 at 15% per year for 1 year, compounded every year (in ₹).
- 19.Find the compound interest on ₹54200 at 20% per year for 2 years, compounded every year (in ₹).
- 20.What amount will ₹32000 grow to in 3 years at 5% per year compound interest (in ₹)?
- 21.Find the compound interest on ₹16000 at 5% per year for 3 years, compounded every year (in ₹).
- 22.What is the difference between the compound interest and the simple interest on ₹52400 at 15% per year for 2 years (in ₹)?
- 23.What amount will ₹14400 grow to in 2 years at 25% per year compound interest (in ₹)?
- 24.What is the difference between the compound interest and the simple interest on ₹22500 at 4% per year for 2 years (in ₹)?
- 25.What is the difference between the compound interest and the simple interest on ₹17800 at 20% per year for 2 years (in ₹)?
- 26.What is the difference between the compound interest and the simple interest on ₹6400 at 15% per year for 2 years (in ₹)?
- 27.Find the compound interest on ₹47500 at 4% per year for 2 years, compounded every year (in ₹).
- 28.Find the compound interest on ₹20400 at 10% per year for 1 year, compounded every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹30900 at 20% per year for 2 years (in ₹)?
- 30.What amount will ₹48900 grow to in 1 year at 4% per year compound interest (in ₹)?
- 31.Find the compound interest on ₹19000 at 10% per year for 3 years, compounded every year (in ₹).
- 32.A town has 52700 people. The population grows by 8% every year. What will the population be after 1 year?
- 33.Find the compound interest on ₹22400 at 25% per year for 3 years, compounded every year (in ₹).
- 34.Find the compound interest on ₹10000 at 10% per year for 3 years, compounded every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹13600 at 5% per year for 2 years (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
- 37.A scooter is worth ₹30400. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
- 39.Find the compound interest on ₹27700 at 10% per year for 1 year, compounded every year (in ₹).
- 40.Find the compound interest on ₹15900 at 20% per year for 1 year, compounded every year (in ₹).
Answer key
- 1140
- 4223
- 612
- 1044
- 16668
- 2088
- 20160
- 1016
- 1290
- 488
- 240
- 34540
- 1305
- 22924
- 14700
- 8547
- 147
- 6465
- 23848
- 37044
- 2522
- 1179
- 22500
- 36
- 712
- 144
- 3876
- 2040
- 1236
- 50856
- 6289
- 56916
- 21350
- 3310
- 34
- 360
- 21964
- 128
- 2770
- 3180
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