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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 92 · 40 sums
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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 ₹42500 at 4% per year for 2 years, compounded every year (in ₹).
  2. 2.What amount will ₹26100 grow to in 2 years at 10% per year compound interest (in ₹)?
  3. 3.Find the compound interest on ₹27200 at 5% per year for 1 year, compounded every year (in ₹).
  4. 4.Find the compound interest on ₹13300 at 4% per year for 1 year, compounded every year (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
  6. 6.What amount will ₹49800 grow to in 2 years at 10% per year compound interest (in ₹)?
  7. 7.What amount will ₹12500 grow to in 2 years at 8% per year compound interest (in ₹)?
  8. 8.What amount will ₹17100 grow to in 1 year at 5% per year compound interest (in ₹)?
  9. 9.Find the compound interest on ₹8000 at 5% per year for 3 years, compounded every year (in ₹).
  10. 10.What amount will ₹48800 grow to in 2 years at 15% per year compound interest (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  12. 12.Find the compound interest on ₹51600 at 5% per year for 2 years, compounded every year (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹29600 at 15% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹33000 at 20% per year for 3 years, compounded every year (in ₹).
  15. 15.Find the compound interest on ₹57300 at 10% per year for 1 year, compounded every year (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹42000 at 25% per year for 2 years (in ₹)?
  17. 17.A town has 3200 people. The population grows by 25% every year. What will the population be after 3 years?
  18. 18.What amount will ₹17500 grow to in 2 years at 4% per year compound interest (in ₹)?
  19. 19.Find the compound interest on ₹34500 at 12% per year for 1 year, compounded every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹23100 at 10% per year for 2 years (in ₹)?
  21. 21.Find the compound interest on ₹26900 at 20% per year for 2 years, compounded every year (in ₹).
  22. 22.What amount will ₹47000 grow to in 3 years at 20% per year compound interest (in ₹)?
  23. 23.What amount will ₹37600 grow to in 1 year at 8% per year compound interest (in ₹)?
  24. 24.What amount will ₹57600 grow to in 3 years at 25% per year compound interest (in ₹)?
  25. 25.What is the difference between the compound interest and the simple interest on ₹43200 at 15% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹22000 at 10% per year for 3 years, compounded every year (in ₹).
  27. 27.A town has 40000 people. The population grows by 8% every year. What will the population be after 2 years?
  28. 28.What amount will ₹26400 grow to in 1 year at 20% per year compound interest (in ₹)?
  29. 29.Find the compound interest on ₹7100 at 12% per year for 1 year, compounded every year (in ₹).
  30. 30.Find the compound interest on ₹46800 at 15% per year for 2 years, compounded every year (in ₹).
  31. 31.What amount will ₹3400 grow to in 2 years at 20% per year compound interest (in ₹)?
  32. 32.A town has 48000 people. The population grows by 5% every year. What will the population be after 3 years?
  33. 33.Find the compound interest on ₹24300 at 10% per year for 1 year, compounded every year (in ₹).
  34. 34.Find the compound interest on ₹13400 at 5% per year for 1 year, compounded every year (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹45000 at 4% per year for 2 years (in ₹)?
  36. 36.A town has 9200 people. The population grows by 12% every year. What will the population be after 1 year?
  37. 37.Find the compound interest on ₹56000 at 15% per year for 3 years, compounded every year (in ₹).
  38. 38.Find the compound interest on ₹56000 at 5% per year for 3 years, compounded every year (in ₹).
  39. 39.What is the difference between the compound interest and the simple interest on ₹60000 at 25% per year for 2 years (in ₹)?
  40. 40.What amount will ₹6000 grow to in 3 years at 10% per year compound interest (in ₹)?

Answer key

  1. 3468
  2. 31581
  3. 1360
  4. 532
  5. 8
  6. 60258
  7. 14580
  8. 17955
  9. 1261
  10. 64538
  11. 12
  12. 5289
  13. 666
  14. 24024
  15. 5730
  16. 2625
  17. 6250
  18. 18928
  19. 4140
  20. 231
  21. 11836
  22. 81216
  23. 40608
  24. 112500
  25. 972
  26. 7282
  27. 46656
  28. 31680
  29. 852
  30. 15093
  31. 4896
  32. 55566
  33. 2430
  34. 670
  35. 72
  36. 10304
  37. 29169
  38. 8827
  39. 3750
  40. 7986

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