Aptitude

Topic: Simple and Compound interest

A Person takes a loan of Rs 200 at 5% simple Interest. He returns Rs.100 at the end of 1 yr. In order to clear his dues at the end of 2yrs ,he would pay:

Amount to be paid= Rs(100 + (200*5*1)/100 + (100*5*1)/100)= Rs 115

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