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.Find the compound interest on ₹42500 at 4% per year for 2 years, compounded every year (in ₹).
- 2.What amount will ₹26100 grow to in 2 years at 10% per year compound interest (in ₹)?
- 3.Find the compound interest on ₹27200 at 5% per year for 1 year, compounded every year (in ₹).
- 4.Find the compound interest on ₹13300 at 4% per year for 1 year, compounded every year (in ₹).
- 5.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
- 6.What amount will ₹49800 grow to in 2 years at 10% per year compound interest (in ₹)?
- 7.What amount will ₹12500 grow to in 2 years at 8% per year compound interest (in ₹)?
- 8.What amount will ₹17100 grow to in 1 year at 5% per year compound interest (in ₹)?
- 9.Find the compound interest on ₹8000 at 5% per year for 3 years, compounded every year (in ₹).
- 10.What amount will ₹48800 grow to in 2 years at 15% per year compound interest (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹51600 at 5% per year for 2 years, compounded every year (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹29600 at 15% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹33000 at 20% per year for 3 years, compounded every year (in ₹).
- 15.Find the compound interest on ₹57300 at 10% per year for 1 year, compounded every year (in ₹).
- 16.What is the difference between the compound interest and the simple interest on ₹42000 at 25% per year for 2 years (in ₹)?
- 17.A town has 3200 people. The population grows by 25% every year. What will the population be after 3 years?
- 18.What amount will ₹17500 grow to in 2 years at 4% per year compound interest (in ₹)?
- 19.Find the compound interest on ₹34500 at 12% per year for 1 year, compounded every year (in ₹).
- 20.What is the difference between the compound interest and the simple interest on ₹23100 at 10% per year for 2 years (in ₹)?
- 21.Find the compound interest on ₹26900 at 20% per year for 2 years, compounded every year (in ₹).
- 22.What amount will ₹47000 grow to in 3 years at 20% per year compound interest (in ₹)?
- 23.What amount will ₹37600 grow to in 1 year at 8% per year compound interest (in ₹)?
- 24.What amount will ₹57600 grow to in 3 years at 25% per year compound interest (in ₹)?
- 25.What is the difference between the compound interest and the simple interest on ₹43200 at 15% per year for 2 years (in ₹)?
- 26.Find the compound interest on ₹22000 at 10% per year for 3 years, compounded every year (in ₹).
- 27.A town has 40000 people. The population grows by 8% every year. What will the population be after 2 years?
- 28.What amount will ₹26400 grow to in 1 year at 20% per year compound interest (in ₹)?
- 29.Find the compound interest on ₹7100 at 12% per year for 1 year, compounded every year (in ₹).
- 30.Find the compound interest on ₹46800 at 15% per year for 2 years, compounded every year (in ₹).
- 31.What amount will ₹3400 grow to in 2 years at 20% per year compound interest (in ₹)?
- 32.A town has 48000 people. The population grows by 5% every year. What will the population be after 3 years?
- 33.Find the compound interest on ₹24300 at 10% per year for 1 year, compounded every year (in ₹).
- 34.Find the compound interest on ₹13400 at 5% per year for 1 year, compounded every year (in ₹).
- 35.What is the difference between the compound interest and the simple interest on ₹45000 at 4% per year for 2 years (in ₹)?
- 36.A town has 9200 people. The population grows by 12% every year. What will the population be after 1 year?
- 37.Find the compound interest on ₹56000 at 15% per year for 3 years, compounded every year (in ₹).
- 38.Find the compound interest on ₹56000 at 5% per year for 3 years, compounded every year (in ₹).
- 39.What is the difference between the compound interest and the simple interest on ₹60000 at 25% per year for 2 years (in ₹)?
- 40.What amount will ₹6000 grow to in 3 years at 10% per year compound interest (in ₹)?
Answer key
- 3468
- 31581
- 1360
- 532
- 8
- 60258
- 14580
- 17955
- 1261
- 64538
- 12
- 5289
- 666
- 24024
- 5730
- 2625
- 6250
- 18928
- 4140
- 231
- 11836
- 81216
- 40608
- 112500
- 972
- 7282
- 46656
- 31680
- 852
- 15093
- 4896
- 55566
- 2430
- 670
- 72
- 10304
- 29169
- 8827
- 3750
- 7986
Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets