Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 956 · 40 sums

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.

1. 1.What is the difference between the compound interest and the simple interest on ₹58400 at 15% per year for 2 years (in ₹)?
2. 2.Find the compound interest on ₹6500 at 15% per year for 1 year, compounded every year (in ₹).
3. 3.What amount will ₹30000 grow to in 3 years at 20% per year compound interest (in ₹)?
4. 4.A town has 46300 people. The population grows by 4% every year. What will the population be after 1 year?
5. 5.What is the difference between the compound interest and the simple interest on ₹20400 at 25% per year for 2 years (in ₹)?
6. 6.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
7. 7.Find the compound interest on ₹22000 at 25% per year for 2 years, compounded every year (in ₹).
8. 8.Find the compound interest on ₹8200 at 15% per year for 1 year, compounded every year (in ₹).
9. 9.What amount will ₹14400 grow to in 3 years at 25% per year compound interest (in ₹)?
10. 10.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
11. 11.Find the compound interest on ₹53600 at 10% per year for 2 years, compounded every year (in ₹).
12. 12.What is the difference between the compound interest and the simple interest on ₹59200 at 15% per year for 2 years (in ₹)?
13. 13.What amount will ₹19300 grow to in 1 year at 8% per year compound interest (in ₹)?
14. 14.What amount will ₹17500 grow to in 2 years at 8% per year compound interest (in ₹)?
15. 15.What is the difference between the compound interest and the simple interest on ₹5600 at 25% per year for 2 years (in ₹)?
16. 16.Find the compound interest on ₹33600 at 25% per year for 3 years, compounded every year (in ₹).
17. 17.What amount will ₹32000 grow to in 3 years at 15% per year compound interest (in ₹)?
18. 18.Find the compound interest on ₹22500 at 12% per year for 2 years, compounded every year (in ₹).
19. 19.Find the compound interest on ₹22100 at 10% per year for 1 year, compounded every year (in ₹).
20. 20.A town has 2500 people. The population grows by 8% every year. What will the population be after 2 years?
21. 21.A town has 48000 people. The population grows by 15% every year. What will the population be after 3 years?
22. 22.A scooter is worth ₹44000. Its value falls by 25% every year. What will it be worth after 2 years (in ₹)?
23. 23.What is the difference between the compound interest and the simple interest on ₹52500 at 4% per year for 2 years (in ₹)?
24. 24.A scooter is worth ₹15200. Its value falls by 5% every year. What will it be worth after 2 years (in ₹)?
25. 25.A town has 20000 people. The population grows by 4% every year. What will the population be after 2 years?
26. 26.What amount will ₹5000 grow to in 3 years at 20% per year compound interest (in ₹)?
27. 27.What is the difference between the compound interest and the simple interest on ₹57500 at 12% per year for 2 years (in ₹)?
28. 28.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
29. 29.A scooter is worth ₹55000. Its value falls by 20% every year. What will it be worth after 3 years (in ₹)?
30. 30.Find the compound interest on ₹48800 at 5% per year for 2 years, compounded every year (in ₹).
31. 31.A scooter is worth ₹39100. Its value falls by 20% every year. What will it be worth after 2 years (in ₹)?
32. 32.Find the compound interest on ₹46000 at 20% per year for 3 years, compounded every year (in ₹).
33. 33.Find the compound interest on ₹41600 at 25% per year for 2 years, compounded every year (in ₹).
34. 34.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
35. 35.What is the difference between the compound interest and the simple interest on ₹22500 at 12% per year for 2 years (in ₹)?
36. 36.What amount will ₹58400 grow to in 2 years at 10% per year compound interest (in ₹)?
37. 37.Find the compound interest on ₹40000 at 5% per year for 3 years, compounded every year (in ₹).
38. 38.A scooter is worth ₹60000. Its value falls by 12% every year. What will it be worth after 2 years (in ₹)?
39. 39.What amount will ₹8000 grow to in 3 years at 20% per year compound interest (in ₹)?
40. 40.Find the compound interest on ₹42900 at 8% per year for 1 year, compounded every year (in ₹).

Free maths worksheets lessons, practice and worksheets at talentjr.in/maths-worksheets