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.
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- 1.A town has 17300 people. The population grows by 20% every year. What will the population be after 2 years?
- 2.What amount will ₹3300 grow to in 1 year at 8% per year compound interest (in ₹)?
- 3.A town has 9600 people. The population grows by 25% every year. What will the population be after 2 years?
- 4.What amount will ₹40000 grow to in 3 years at 15% per year compound interest (in ₹)?
- 5.Find the compound interest on ₹38500 at 4% per year for 1 year, compounded every year (in ₹).
- 6.What amount will ₹35800 grow to in 1 year at 4% per year compound interest (in ₹)?
- 7.A town has 48000 people. The population grows by 15% every year. What will the population be after 3 years?
- 8.Find the compound interest on ₹52500 at 8% per year for 2 years, compounded every year (in ₹).
- 9.What amount will ₹35000 grow to in 2 years at 12% per year compound interest (in ₹)?
- 10.What is the difference between the compound interest and the simple interest on ₹50800 at 5% per year for 2 years (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹32500 at 12% per year for 2 years (in ₹)?
- 12.Find the compound interest on ₹57600 at 25% per year for 3 years, compounded every year (in ₹).
- 13.What is the difference between the compound interest and the simple interest on ₹53700 at 20% per year for 2 years (in ₹)?
- 14.Find the compound interest on ₹42000 at 5% per year for 2 years, compounded every year (in ₹).
- 15.Find the compound interest on ₹52800 at 12% per year for 1 year, compounded every year (in ₹).
- 16.What amount will ₹51200 grow to in 1 year at 5% per year compound interest (in ₹)?
- 17.A town has 31600 people. The population grows by 25% every year. What will the population be after 2 years?
- 18.A town has 28800 people. The population grows by 25% every year. What will the population be after 3 years?
- 19.Find the compound interest on ₹26900 at 4% per year for 1 year, compounded every year (in ₹).
- 20.A town has 37500 people. The population grows by 8% every year. What will the population be after 2 years?
- 21.What amount will ₹31900 grow to in 1 year at 8% per year compound interest (in ₹)?
- 22.What is the difference between the compound interest and the simple interest on ₹36800 at 15% per year for 2 years (in ₹)?
- 23.Find the compound interest on ₹2000 at 15% per year for 2 years, compounded every year (in ₹).
- 24.Find the compound interest on ₹7900 at 20% per year for 1 year, compounded every year (in ₹).
- 25.What amount will ₹6400 grow to in 1 year at 15% per year compound interest (in ₹)?
- 26.Find the compound interest on ₹13000 at 10% per year for 2 years, compounded every year (in ₹).
- 27.Find the compound interest on ₹47700 at 5% per year for 1 year, compounded every year (in ₹).
- 28.Find the compound interest on ₹56200 at 10% per year for 2 years, compounded every year (in ₹).
- 29.Find the compound interest on ₹21200 at 10% per year for 1 year, compounded every year (in ₹).
- 30.What amount will ₹6000 grow to in 1 year at 10% per year compound interest (in ₹)?
- 31.What amount will ₹12500 grow to in 2 years at 8% per year compound interest (in ₹)?
- 32.A town has 14200 people. The population grows by 15% every year. What will the population be after 1 year?
- 33.A town has 32000 people. The population grows by 25% every year. What will the population be after 3 years?
- 34.What is the difference between the compound interest and the simple interest on ₹29200 at 5% per year for 2 years (in ₹)?
- 35.Find the compound interest on ₹12800 at 15% per year for 2 years, compounded every year (in ₹).
- 36.A town has 8000 people. The population grows by 5% every year. What will the population be after 3 years?
- 37.Find the compound interest on ₹8000 at 5% per year for 3 years, compounded every year (in ₹).
- 38.What amount will ₹14000 grow to in 3 years at 20% per year compound interest (in ₹)?
- 39.Find the compound interest on ₹47600 at 20% per year for 1 year, compounded every year (in ₹).
- 40.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
Answer key
- 24912
- 3564
- 15000
- 60835
- 1540
- 37232
- 73002
- 8736
- 43904
- 127
- 468
- 54900
- 2148
- 4305
- 6336
- 53760
- 49375
- 56250
- 1076
- 43740
- 34452
- 828
- 645
- 1580
- 7360
- 2730
- 2385
- 11802
- 2120
- 6600
- 14580
- 16330
- 62500
- 73
- 4128
- 9261
- 1261
- 24192
- 9520
- 12
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