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AFCAT II 2018 Solved Paper
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© examsnet.com
Question : 1
Total: 100
The difference between compound interest and simple interest accrued on an amount at the end of 3rd year at a rate of 10% is 77.5 rupees. What is amount?
2600
2500
2800
2950
Validate
Solution:
👈: Video Solution
(b) From formula, difference between C.I. and S.I. at the end of 3 years.
D =
P
r
2
(
100
)
2
(
300
+
r
100
)
∴ 77.5 =
(
10
100
)
2
(
300
+
10
100
)
77.5 =
P
(
100
)
(
31
10
)
∴ P =
77.5
×
1000
31
= ₹ 2500
© examsnet.com
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