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AFCAT || Numerical_Ability || Compound Interest || Quiz

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Question 1

A sum of money invested at compound interest amounts to Rs. 900 in 3 years and to Rs. 990 in 4 years. The rate of interest per annum is –

Question 2

If a sum of Rs. 14500 is invested for 1 years at 16% per annum interest being compounded semi-annually, then interest earned is :

Question 3

The least number of years in which a sum of money on 23% p.A. compound interest will be more than double is

Question 4

There is 60% increase in an amount in 12 years at simple interest. What will be the compound interest of Rs.45,000 after 2 years at the same rate?

Question 5

What does Rs. 700 amounts to in 2 years with compound interest at the rate of 6% in the first year and 12% in second year?
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Jul 14CDS & Defence