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:
Rs. 105
Rs. 110
Rs. 115
Rs. 115.50
Answer: Option
Explanation:
Amount to be paid
= Rs. 100 + 200 x 5 x 1 + 100 x 5 x 1
100 100
= Rs. 115.
Discussion:
83 comments Page 8 of 9.

Shilpa said:   1 decade ago
Tel me the exact ans with denomination like p=? t=? r=?

Sunte said:   1 decade ago
Ans is 115.5. The concept of SI is different from CI.

Amol A said:   1 decade ago
115.5 is 100% Correct answer not 115 (115.5% Sure).

Priya said:   1 decade ago
@Rlnmurthy

Really good solution....in easy way..

Ajay Goyal said:   1 decade ago
I am agree with Rlnmurty. Nice explanation yar.

Hari said:   9 years ago
As per my calculation, the answer is 115.5rs.

Nishant said:   9 years ago
You are absolutely correct @Addan Kayani.

Path_breaker said:   1 decade ago
The answer is 115.50, correct it NOW

Bharghav said:   1 decade ago
I agree with bindu explanation.

Anu said:   1 decade ago
I agree with miss Harsha are.


Post your comments here:

Your comments will be displayed after verification.