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.What amount will ₹11000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 2.Find the compound interest on ₹11600 at 5% per year for 2 years, compounded every year (in ₹).
- 3.Find the compound interest on ₹2000 at 10% per year for 1 year, compounded every year (in ₹).
- 4.What amount will ₹50500 grow to in 1 year at 15% per year compound interest (in ₹)?
- 5.Find the compound interest on ₹18000 at 10% per year for 3 years, compounded every year (in ₹).
- 6.Find the compound interest on ₹18400 at 5% per year for 2 years, compounded every year (in ₹).
- 7.Find the compound interest on ₹1600 at 25% per year for 3 years, compounded every year (in ₹).
- 8.What amount will ₹45000 grow to in 2 years at 12% per year compound interest (in ₹)?
- 9.What amount will ₹46300 grow to in 1 year at 15% per year compound interest (in ₹)?
- 10.A scooter is worth ₹28600. Its value falls by 15% every year. What will it be worth after 1 year (in ₹)?
- 11.A town has 50500 people. The population grows by 10% every year. What will the population be after 1 year?
- 12.Find the compound interest on ₹28600 at 25% per year for 1 year, compounded every year (in ₹).
- 13.A scooter is worth ₹35400. Its value falls by 10% every year. What will it be worth after 2 years (in ₹)?
- 14.What is the difference between the compound interest and the simple interest on ₹6000 at 5% per year for 2 years (in ₹)?
- 15.Find the compound interest on ₹51400 at 20% per year for 1 year, compounded every year (in ₹).
- 16.Find the compound interest on ₹40000 at 8% per year for 2 years, compounded every year (in ₹).
- 17.A town has 59200 people. The population grows by 10% every year. What will the population be after 2 years?
- 18.Find the compound interest on ₹36300 at 25% per year for 1 year, compounded every year (in ₹).
- 19.A scooter is worth ₹24700. Its value falls by 10% every year. What will it be worth after 1 year (in ₹)?
- 20.A town has 45000 people. The population grows by 20% every year. What will the population be after 3 years?
- 21.A town has 37000 people. The population grows by 10% every year. What will the population be after 3 years?
- 22.What amount will ₹3000 grow to in 3 years at 10% per year compound interest (in ₹)?
- 23.Find the compound interest on ₹26400 at 8% per year for 1 year, compounded every year (in ₹).
- 24.Find the compound interest on ₹24000 at 15% per year for 3 years, compounded every year (in ₹).
- 25.What amount will ₹46100 grow to in 1 year at 15% per year compound interest (in ₹)?
- 26.Find the compound interest on ₹32000 at 15% per year for 3 years, compounded every year (in ₹).
- 27.What amount will ₹17700 grow to in 1 year at 12% per year compound interest (in ₹)?
- 28.Find the compound interest on ₹12900 at 5% per year for 1 year, compounded every year (in ₹).
- 29.What is the difference between the compound interest and the simple interest on ₹10600 at 10% per year for 2 years (in ₹)?
- 30.Find the compound interest on ₹15000 at 8% per year for 2 years, compounded every year (in ₹).
- 31.What is the difference between the compound interest and the simple interest on ₹14000 at 25% per year for 2 years (in ₹)?
- 32.What is the difference between the compound interest and the simple interest on ₹56200 at 20% per year for 2 years (in ₹)?
- 33.A scooter is worth ₹20800. Its value falls by 15% every year. What will it be worth after 2 years (in ₹)?
- 34.What is the difference between the compound interest and the simple interest on ₹14800 at 20% per year for 2 years (in ₹)?
- 35.What is the difference between the compound interest and the simple interest on ₹28400 at 5% per year for 2 years (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹53300 at 20% per year for 2 years (in ₹)?
- 37.What is the difference between the compound interest and the simple interest on ₹36400 at 5% per year for 2 years (in ₹)?
- 38.What is the difference between the compound interest and the simple interest on ₹14400 at 25% per year for 2 years (in ₹)?
- 39.A town has 43100 people. The population grows by 5% every year. What will the population be after 1 year?
- 40.Find the compound interest on ₹44000 at 10% per year for 3 years, compounded every year (in ₹).
Answer key
- 14641
- 1189
- 200
- 58075
- 5958
- 1886
- 1525
- 56448
- 53245
- 24310
- 55550
- 7150
- 28674
- 15
- 10280
- 6656
- 71632
- 9075
- 22230
- 77760
- 49247
- 3993
- 2112
- 12501
- 53015
- 16668
- 19824
- 645
- 106
- 2496
- 875
- 2248
- 15028
- 592
- 71
- 2132
- 91
- 900
- 45255
- 14564
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