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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 864 · 40 sums
TalentJR

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. 1.Find the compound interest on ₹9500 at 12% per year for 1 year, compounded every year (in ₹).
  2. 2.Find the compound interest on ₹41200 at 5% per year for 2 years, compounded every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹15300 at 20% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹26100 at 4% per year for 1 year, compounded every year (in ₹).
  5. 5.Find the compound interest on ₹32000 at 15% per year for 3 years, compounded every year (in ₹).
  6. 6.Find the compound interest on ₹52200 at 4% per year for 1 year, compounded every year (in ₹).
  7. 7.What amount will ₹14000 grow to in 2 years at 20% per year compound interest (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹25400 at 20% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹4000 at 15% per year for 2 years, compounded every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹12200 at 20% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  12. 12.What amount will ₹31400 grow to in 1 year at 10% per year compound interest (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹58000 at 15% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹52100 at 20% per year for 2 years, compounded every year (in ₹).
  15. 15.A town has 14000 people. The population grows by 5% every year. What will the population be after 1 year?
  16. 16.Find the compound interest on ₹40700 at 10% per year for 2 years, compounded every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹58800 at 5% per year for 2 years (in ₹)?
  18. 18.Find the compound interest on ₹43100 at 15% per year for 1 year, compounded every year (in ₹).
  19. 19.Find the compound interest on ₹54200 at 20% per year for 2 years, compounded every year (in ₹).
  20. 20.What amount will ₹32000 grow to in 3 years at 5% per year compound interest (in ₹)?
  21. 21.Find the compound interest on ₹16000 at 5% per year for 3 years, compounded every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹52400 at 15% per year for 2 years (in ₹)?
  23. 23.What amount will ₹14400 grow to in 2 years at 25% per year compound interest (in ₹)?
  24. 24.What is the difference between the compound interest and the simple interest on ₹22500 at 4% per year for 2 years (in ₹)?
  25. 25.What is the difference between the compound interest and the simple interest on ₹17800 at 20% per year for 2 years (in ₹)?
  26. 26.What is the difference between the compound interest and the simple interest on ₹6400 at 15% per year for 2 years (in ₹)?
  27. 27.Find the compound interest on ₹47500 at 4% per year for 2 years, compounded every year (in ₹).
  28. 28.Find the compound interest on ₹20400 at 10% per year for 1 year, compounded every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹30900 at 20% per year for 2 years (in ₹)?
  30. 30.What amount will ₹48900 grow to in 1 year at 4% per year compound interest (in ₹)?
  31. 31.Find the compound interest on ₹19000 at 10% per year for 3 years, compounded every year (in ₹).
  32. 32.A town has 52700 people. The population grows by 8% every year. What will the population be after 1 year?
  33. 33.Find the compound interest on ₹22400 at 25% per year for 3 years, compounded every year (in ₹).
  34. 34.Find the compound interest on ₹10000 at 10% per year for 3 years, compounded every year (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹13600 at 5% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
  37. 37.A scooter is worth ₹30400. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
  39. 39.Find the compound interest on ₹27700 at 10% per year for 1 year, compounded every year (in ₹).
  40. 40.Find the compound interest on ₹15900 at 20% per year for 1 year, compounded every year (in ₹).

Answer key

  1. 1140
  2. 4223
  3. 612
  4. 1044
  5. 16668
  6. 2088
  7. 20160
  8. 1016
  9. 1290
  10. 488
  11. 240
  12. 34540
  13. 1305
  14. 22924
  15. 14700
  16. 8547
  17. 147
  18. 6465
  19. 23848
  20. 37044
  21. 2522
  22. 1179
  23. 22500
  24. 36
  25. 712
  26. 144
  27. 3876
  28. 2040
  29. 1236
  30. 50856
  31. 6289
  32. 56916
  33. 21350
  34. 3310
  35. 34
  36. 360
  37. 21964
  38. 128
  39. 2770
  40. 3180

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