Aptitude - Simple Interest - Discussion
Discussion Forum : Simple Interest - General Questions (Q.No. 14)
14.
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:
Answer: Option
Explanation:
| Amount to be paid |
|
|||||||||
| = Rs. 115. |
Discussion:
83 comments Page 4 of 9.
Shivakarthik said:
1 decade ago
In general 5% interest of 200rs is 10rs .He return rs 100 at the end of 1 year (here the interest is 10 rs). so he want to give the another 100 rs in 1 year the interest for that amt is 5 rs so (10+5=15)
100+15=115 answer s correct ...
hope u understand....
100+15=115 answer s correct ...
hope u understand....
Sumit said:
1 decade ago
For 1 year...
si=200*5*1/100=10 rs
Now lets say simple interest will be paid after 2nd yr...
So after he paid 100 rs ..
For next yr si will be calculated on (200-100)=100
si=100*5*1/100=5
So total amount should be paid after 2nd yr=100+5+10=115
si=200*5*1/100=10 rs
Now lets say simple interest will be paid after 2nd yr...
So after he paid 100 rs ..
For next yr si will be calculated on (200-100)=100
si=100*5*1/100=5
So total amount should be paid after 2nd yr=100+5+10=115
Rufus Alex said:
1 decade ago
115 is correct
because logically thinking the power of simple interest is one must not calculate interest for the previous interest money and so no one will return the interest before returning the complete principle so 115 is correct
because logically thinking the power of simple interest is one must not calculate interest for the previous interest money and so no one will return the interest before returning the complete principle so 115 is correct
Gayathridevi said:
1 decade ago
Answer is correct.
Consider for 200, totally he has to pay = 200+(200*2*5)/100 = 220.
= P+(PTR)/100 = 220.
Remove that returned 100/-and that interest from 220.
= 220-(100+(100*1*5)/100) = 220-105 = 105. Which is answer?
Consider for 200, totally he has to pay = 200+(200*2*5)/100 = 220.
= P+(PTR)/100 = 220.
Remove that returned 100/-and that interest from 220.
= 220-(100+(100*1*5)/100) = 220-105 = 105. Which is answer?
Seraj khan said:
9 years ago
The right answer is;
Principal = 200.
For first year
Now Rs 100 take out from the bank then principal = 100.
For 2nd year,
Because question mention is simple interest (always kept in mind do no consider interest rate).
Principal = 200.
For first year
Now Rs 100 take out from the bank then principal = 100.
For 2nd year,
Because question mention is simple interest (always kept in mind do no consider interest rate).
Viay narayan singh said:
1 decade ago
The answer is right. Because first year he only pay principal amount and not interest. So he has to pay Rs 10 as a interest for first year and Rs 5 for 2 nd year so total amount paid to clear his debt is 100+10+5= 115.
Abhishek PPLO said:
10 years ago
After 1st year, SI was 10, amount at the end of 1st year to paid is 210 and he paid 100, so remaining amount is 110.
Next year, SI will be on 110, so SI is coming out to be 5.5, and amount to be paid is 115.5.
Next year, SI will be on 110, so SI is coming out to be 5.5, and amount to be paid is 115.5.
Manisha said:
9 years ago
The answer should be 115.50 because at the end of one year he pays back 100, so the principle for the 2nd year becomes 110, interest at the end of the 2nd year is 5.5 so the amount to be paid will be 115.50.
Nagendra t said:
7 years ago
->(200*5*1)/100=10.
200+10=210(principal + SI)
He returns 100 at the end of the year,
210-100=110.
->(110*5*1)/100=5.5.
110+5.5=115.50.
He has to pay 115.50 at the end of the second year.
200+10=210(principal + SI)
He returns 100 at the end of the year,
210-100=110.
->(110*5*1)/100=5.5.
110+5.5=115.50.
He has to pay 115.50 at the end of the second year.
(2)
Sanyam said:
1 decade ago
Answer is 115......
SI for 1st year:(200*5)/100=10 (Now this is Interest)
He paid 100/- after 1st year
Now, new Principal becomes:100/-
Interest on 100:(100*5)/100=5
So he has to pay:100+10+5=115
SI for 1st year:(200*5)/100=10 (Now this is Interest)
He paid 100/- after 1st year
Now, new Principal becomes:100/-
Interest on 100:(100*5)/100=5
So he has to pay:100+10+5=115
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