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.What amount will ₹25000 grow to in 2 years at 12% per year compound interest (in ₹)?
- 2.Find the compound interest on ₹17500 at 25% per year for 1 year, compounded every year (in ₹).
- 3.Find the compound interest on ₹30400 at 5% per year for 2 years, compounded every year (in ₹).
- 4.A scooter is worth ₹7000. Its value falls by 20% every year. What will it be worth after 3 years (in ₹)?
- 5.Find the compound interest on ₹32800 at 5% per year for 1 year, compounded every year (in ₹).
- 6.What amount will ₹36700 grow to in 1 year at 25% per year compound interest (in ₹)?
- 7.What amount will ₹33400 grow to in 2 years at 10% per year compound interest (in ₹)?
- 8.A scooter is worth ₹20600. Its value falls by 12% every year. What will it be worth after 1 year (in ₹)?
- 9.A scooter is worth ₹17500. Its value falls by 8% every year. What will it be worth after 2 years (in ₹)?
- 10.What amount will ₹58900 grow to in 2 years at 10% per year compound interest (in ₹)?
- 11.What is the difference between the compound interest and the simple interest on ₹20800 at 5% per year for 2 years (in ₹)?
- 12.What is the difference between the compound interest and the simple interest on ₹45200 at 25% per year for 2 years (in ₹)?
- 13.Find the compound interest on ₹13200 at 15% per year for 2 years, compounded every year (in ₹).
- 14.A scooter is worth ₹33900. Its value falls by 5% every year. What will it be worth after 1 year (in ₹)?
- 15.What is the difference between the compound interest and the simple interest on ₹58200 at 20% per year for 2 years (in ₹)?
- 16.What is the difference between the compound interest and the simple interest on ₹10400 at 25% per year for 2 years (in ₹)?
- 17.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
- 18.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
- 19.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
- 20.Find the compound interest on ₹25500 at 20% per year for 1 year, compounded every year (in ₹).
- 21.A town has 59400 people. The population grows by 10% every year. What will the population be after 1 year?
- 22.A town has 7100 people. The population grows by 8% every year. What will the population be after 1 year?
- 23.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
- 24.Find the compound interest on ₹39000 at 25% per year for 1 year, compounded every year (in ₹).
- 25.A town has 4000 people. The population grows by 5% every year. What will the population be after 2 years?
- 26.Find the compound interest on ₹34100 at 25% per year for 1 year, compounded every year (in ₹).
- 27.What amount will ₹11600 grow to in 2 years at 25% per year compound interest (in ₹)?
- 28.What is the difference between the compound interest and the simple interest on ₹11100 at 20% per year for 2 years (in ₹)?
- 29.What amount will ₹54300 grow to in 1 year at 15% per year compound interest (in ₹)?
- 30.What amount will ₹42700 grow to in 1 year at 10% per year compound interest (in ₹)?
- 31.Find the compound interest on ₹58200 at 5% per year for 1 year, compounded every year (in ₹).
- 32.Find the compound interest on ₹55300 at 10% per year for 1 year, compounded every year (in ₹).
- 33.A scooter is worth ₹16500. Its value falls by 25% every year. What will it be worth after 1 year (in ₹)?
- 34.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
- 35.What is the difference between the compound interest and the simple interest on ₹34800 at 25% per year for 2 years (in ₹)?
- 36.What is the difference between the compound interest and the simple interest on ₹34700 at 20% per year for 2 years (in ₹)?
- 37.A scooter is worth ₹18800. Its value falls by 25% every year. What will it be worth after 2 years (in ₹)?
- 38.What amount will ₹22800 grow to in 1 year at 4% per year compound interest (in ₹)?
- 39.What amount will ₹41700 grow to in 1 year at 5% per year compound interest (in ₹)?
- 40.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
Answer key
- 31360
- 4375
- 3116
- 3584
- 1640
- 45875
- 40414
- 18128
- 14812
- 71269
- 52
- 2825
- 4257
- 32205
- 2328
- 650
- 272
- 612
- 32
- 5100
- 65340
- 7668
- 48
- 9750
- 4410
- 8525
- 18125
- 444
- 62445
- 46970
- 2910
- 5530
- 12375
- 36
- 2175
- 1388
- 10575
- 23712
- 43785
- 80
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