Mastering Percentages: Compound Interest
Mathematics
Grade 8
12 questions
~24 mins
0 views0 downloads
About This Worksheet
A worksheet covering Percentages: Compound Interest for Grade 8 students, focusing on ratio, proportion, and rates of change.
Topics covered:
Worksheet Preview
Full preview • 12 questions
Mastering Percentages: Compound Interest
Subject: MathematicsGrade: Grade 8
Name:
Date:
Untitled Worksheet
Grade Grade 8
A
Practice Questions
Answer all questions. Show your working in the grid spaces provided.
1.
Calculate the amount after 3 years if ₹10,000 is invested at an annual compound interest rate of 5%.
[3 marks]2.
What is the compound interest earned on ₹5000 at 4% per annum after 2 years?
[2 marks]3.
If ₹2000 grows to ₹2420 in 2 years with compound interest, what is the annual interest rate?
[3 marks]4.
A sum of ₹15,000 is invested at 6% interest compounded annually. How much will it amount to after 4 years?
[3 marks]5.
Express the compound interest formula used in these calculations.
[2 marks]6.
A loan of ₹20,000 is taken at 8% annual compound interest. How much will be owed after 5 years?
[3 marks]7.
If the compound interest on ₹8000 at 3% per annum for 3 years is ₹738, what is the actual rate of interest?
[3 marks]8.
A person invests ₹12,000 at a certain rate of interest compounded annually. After 5 years, the amount becomes ₹15,732. What is the rate of interest?
[3 marks]9.
A machine increases its value by 12% each year due to depreciation. If its current value is ₹50,000, what was its value 3 years ago?
[3 marks]10.
A real estate property appreciated from ₹2,00,000 to ₹2,40,000 over 2 years. Find the annual rate of appreciation.
[3 marks]11.
Challenge: A bank offers two different compound interest schemes: Scheme A offers 5% annually, Scheme B offers 4.9% annually. Which scheme yields more for ₹50,000 after 10 years? Show your calculations.
[4 marks]12.
Real-world Application: A company’s investment of ₹1,00,000 grows to ₹1,61,051 in 8 years with compound interest. What is the annual interest rate?
[4 marks]Quick Actions
What is Remix?
Create a new worksheet based on this one. Change the grade level, topic, number of questions, or difficulty - then generate a fresh version.
- • Change grade level (Grade 6 → Grade 7)
- • Swap topics (Harry Potter → Macbeth)
- • Add more questions (10 → 15)
- • Adjust difficulty
Related Worksheets
Details
- Created
- 12/30/2025
- Updated
- 12/30/2025
- Type
- worksheet