**Download Compound Interest Worksheet for Class 8**

**Q.1) An amount of Rs. 1250 is compounded annually at the rate of 20 % p.a. The amount to be paid after 3 years would be ?**

a) Rs. 1960

b) Rs. 2160

c) Rs. 2410

**Q.2) Find amount , if a sum of ₹ 60000 is compounded annually for 2 years The rates of interest for 2 years are : First Year = 5 % p.a. Second Year = 8 % p.a.**

a) 68240

b) 68140

c) 68040

**Q.3) The Compound interest on ₹ 600 at 10 % p.a. for 2 years would be ?**

a) ₹ 126

b) ₹ 136

c) ₹ 142

**Q.4) The Compound interest on ₹ 120000 at 20 % p.a. for 2 years is ?**

a) ₹ 55792

b) ₹ 55692

c) ₹ 55642

**Q.5) The Compound interest on ₹ 250000 at 6 % p.a. for 3 years would be ?**

a) ₹ 48004

b) ₹ 47754

c) ₹ 48054

**Q.6) The difference between Simple Interest and Compound Interest on ₹ 90000 for 1 year at the rate of 40 % p.a. computed quarterly is ?**

a) ₹ 5769

b) ₹ 5771

c) ₹ 5772

**Q.7) The difference between Simple Interest and Compound Interest on Rs. 16000 for 1 year at the rate of 10 % p.a. computed half-yearly is ?**

a) 40

b) 42

c) 43

**Q.8) The difference between Simple Interest and Compound Interest on Rs. 6600 for 1 year at the rate of 24 % p.a. compounded anually would be ?**

a) 20

b) 50

c) 0

**Q.9) An amount of Rs. 3000 is compounded annually at the rate of 10 % p.a. The amount to be paid after 2 years would be ?**

a) Rs. 3480

b) Rs. 3630

c) Rs. 3856

**Q.10) A certain sum of money amounts to ₹ 72900 in 2 years at 8 % p.a. compounded annually . Find the sum ?**

a) ₹ 62500

b) ₹ 62600

c) ₹ 62700

**Q.11) In what time will Rs. 8000 amount to Rs. 9261 at 5 % p.a. when compounded annually ?**

a) 1

b) 2

c) 3

**Q.12) The Population of a town is 28090 in the year 2012 It increased at the rate of 6 % p.a. Find the Population in 2010 ?**

a) 25000

b) 26000

c) 24500

**Q.13) An amount of ₹ 210000 is compounded half yearly at the rate of 20 % p.a. The amount to be paid after 2 years would be ?**

a) ₹ 307461

b) ₹ 307561

c) ₹ 307411

**Q.14) At what rate per cent p.a. will a sum Rs. 4000 amount to Rs. 5290 in 2 years when compounded annually ?**

a) 15 % p.a.

b) 17 % p.a.

c) 13 % p.a.

### Compound Interest Worksheet for Class 8 – Correct Answers –

Q.1) b. Rs. 2160

Q.2) c. 68040

Q.3) a. ₹ 126

Q.4) b. ₹ 55692

Q.5) b. ₹ 47754

Q.6) a. ₹ 5769

Q.7) a. 40

Q.8) c. 0

Q.9) b. Rs. 3630

Q.10) a. ₹ 62500

Q.11) c. 3

Q.12) a. 25000

Q.13) a. ₹ 307461

Q.14) a. 15 % p.a.