Vishwanath
Friday, February 15, 2013
49.A person takes a loan of Rs. 200 at 5% simple interest. He returns Rs. 100 at the end of 1 year. In order to clear his dues at the end of 2 years, he would pay
A. Rs. 105 B. Rs. 110
C. Rs. 115 D. Rs. 115.50
Answer:Option:C
Amount to be paid = Rs.(100+200x5x1/100 + 100x5x1/100)
Title : Simple Interest 49Q
Description : 49.A person takes a loan of Rs. 200 at 5% simple interest. He returns Rs. 100 at the end of 1 year. In order to clear his dues at the end of...
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