2. Sample Papers
  3. CLAT

CLAT Sample Paper CLAT Sample Paper-5

  • question_answer
    A person takes a loan of Rs 200 at 5% simple interest. He returns Rs 100 at the end of one year. In order to clear his dues at the end of 2 yr, he would pay

    A)  125.50           

    B)  110

    C)  115.50           

    D)  None of these

    Correct Answer: C

    Solution :

    Amount to be paid in first year \[=\frac{200\times 5\times 1}{100}+200=210\] Amount left as a principal for the second year = 210 ? 100 = 110 \[\therefore \] Amount paid in second year \[=110+\frac{110\times 5\times 1}{100}=115.5\]


You need to login to perform this action.
You will be redirected in 3 sec spinner