A man borrowed Rs.1000 at 5% per annum at simple interest.Each year he pays Rs.200 for interest and part of debt.The amount that is left to be paid back in the end of 3 years is :

• Rs 527.125
  Interest for Ist year = Rs 50
  Interest for 2nd year = Rs 42.5
  Interest for Ist year = Rs 34.625
• 13 years agoHelpfull: Yes(13) No(5)
• Intrest for 1st yr =50
  he pays 200 rs so total 1050-200=850 rs
  for 2nd yr intrest = 850*5*1/100 = 42.5
  so total with intrest = 850+42.5= 892.5 and he pays 200rs so
  892.5-200=692.5
  for 3rd yr
  Intrest = 692.5*5*1/100 = 34.625
  so 692.5+34.625 = 727.125
  and he pays 200 rs each yr so the amount which is left to be paid is
  727.125-200 = 527.125 Rs ( ANS )
• 13 years agoHelpfull: Yes(8) No(1)