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1870

Q: A person takes a loan of Rs. 200 at 5% simple interest. He returns Rs.100 at the end of one year. In order clear his dues at the end of 2 years, he would pay :

  • 1
    Rs. 100
  • 2
    Rs. 105
  • 3
    Rs. 115
  • 4
    Rs. 110
  • Show Answer
  • Workspace

Answer : 3. "Rs. 115"
Explanation :

Answer: C) Rs. 115 Explanation: Amount to be paid = Rs.100+200×5×1100+100×5×1100= Rs. 115.

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