AFCAT- 2016 Quick Revision Test- By www.ssbcoaching.com DEFNCE ACADEMY COIMBATORE
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1. How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
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A. 2 years
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B. 3 years
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C. 1 year
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D. 4 years
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2. Arun took a loan of Rs. 1400 with simple interest for as many years as the rate of interest. If he paid Rs.686 as interest at the end of the loan period, what was the rate of interest?
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A. 8%
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B. 6%
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C. 4%
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D. 7%
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3. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :
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A. Rs. 700
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B. Rs. 690
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C. Rs. 650
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D. Rs. 698
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4.
4. A sum fetched a total simple interest of Rs. 929.20 at the rate of 8 p.c.p.a. in 5 years. What is the sum?
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A. Rs. 2323
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B. Rs. 1223
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C. Rs. 2563
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D. Rs. 2353
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