← Compound interest lesson New set →

Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 917 · 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.What amount will ₹11000 grow to in 3 years at 10% per year compound interest (in ₹)?
  2. 2.Find the compound interest on ₹11600 at 5% per year for 2 years, compounded every year (in ₹).
  3. 3.Find the compound interest on ₹2000 at 10% per year for 1 year, compounded every year (in ₹).
  4. 4.What amount will ₹50500 grow to in 1 year at 15% per year compound interest (in ₹)?
  5. 5.Find the compound interest on ₹18000 at 10% per year for 3 years, compounded every year (in ₹).
  6. 6.Find the compound interest on ₹18400 at 5% per year for 2 years, compounded every year (in ₹).
  7. 7.Find the compound interest on ₹1600 at 25% per year for 3 years, compounded every year (in ₹).
  8. 8.What amount will ₹45000 grow to in 2 years at 12% per year compound interest (in ₹)?
  9. 9.What amount will ₹46300 grow to in 1 year at 15% per year compound interest (in ₹)?
  10. 10.A scooter is worth ₹28600. Its value falls by 15% every year. What will it be worth after 1 year (in ₹)?
  11. 11.A town has 50500 people. The population grows by 10% every year. What will the population be after 1 year?
  12. 12.Find the compound interest on ₹28600 at 25% per year for 1 year, compounded every year (in ₹).
  13. 13.A scooter is worth ₹35400. Its value falls by 10% every year. What will it be worth after 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹6000 at 5% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹51400 at 20% per year for 1 year, compounded every year (in ₹).
  16. 16.Find the compound interest on ₹40000 at 8% per year for 2 years, compounded every year (in ₹).
  17. 17.A town has 59200 people. The population grows by 10% every year. What will the population be after 2 years?
  18. 18.Find the compound interest on ₹36300 at 25% per year for 1 year, compounded every year (in ₹).
  19. 19.A scooter is worth ₹24700. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
  20. 20.A town has 45000 people. The population grows by 20% every year. What will the population be after 3 years?
  21. 21.A town has 37000 people. The population grows by 10% every year. What will the population be after 3 years?
  22. 22.What amount will ₹3000 grow to in 3 years at 10% per year compound interest (in ₹)?
  23. 23.Find the compound interest on ₹26400 at 8% per year for 1 year, compounded every year (in ₹).
  24. 24.Find the compound interest on ₹24000 at 15% per year for 3 years, compounded every year (in ₹).
  25. 25.What amount will ₹46100 grow to in 1 year at 15% per year compound interest (in ₹)?
  26. 26.Find the compound interest on ₹32000 at 15% per year for 3 years, compounded every year (in ₹).
  27. 27.What amount will ₹17700 grow to in 1 year at 12% per year compound interest (in ₹)?
  28. 28.Find the compound interest on ₹12900 at 5% per year for 1 year, compounded every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹10600 at 10% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹15000 at 8% per year for 2 years, compounded every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹14000 at 25% per year for 2 years (in ₹)?
  32. 32.What is the difference between the compound interest and the simple interest on ₹56200 at 20% per year for 2 years (in ₹)?
  33. 33.A scooter is worth ₹20800. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹14800 at 20% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹28400 at 5% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹53300 at 20% per year for 2 years (in ₹)?
  37. 37.What is the difference between the compound interest and the simple interest on ₹36400 at 5% per year for 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹14400 at 25% per year for 2 years (in ₹)?
  39. 39.A town has 43100 people. The population grows by 5% every year. What will the population be after 1 year?
  40. 40.Find the compound interest on ₹44000 at 10% per year for 3 years, compounded every year (in ₹).

Answer key

  1. 14641
  2. 1189
  3. 200
  4. 58075
  5. 5958
  6. 1886
  7. 1525
  8. 56448
  9. 53245
  10. 24310
  11. 55550
  12. 7150
  13. 28674
  14. 15
  15. 10280
  16. 6656
  17. 71632
  18. 9075
  19. 22230
  20. 77760
  21. 49247
  22. 3993
  23. 2112
  24. 12501
  25. 53015
  26. 16668
  27. 19824
  28. 645
  29. 106
  30. 2496
  31. 875
  32. 2248
  33. 15028
  34. 592
  35. 71
  36. 2132
  37. 91
  38. 900
  39. 45255
  40. 14564

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