Loading....
Coupon Accepted Successfully!

Quantitative Aptitude

Open Flashcards

Simple Interest & Compound Interest

Question
1 out of 30
 

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
E None of these

Ans. C Total interest =

Total sum = 200 + 15 = 215

Rest amount = 215 – 100 =115

Simple Interest & Compound Interest Flashcard List

30 flashcards
1)
2)
3)
4)
5)
6)
7)
8)
9)
10)
11)
12)
13)
14)
15)
16)
17)
18)
19)
20)
21)
22)
23)
24)
25)
26)
27)
28)
29)
30)