By "look through the top", do you mean an angled eye piece? Some spotting scopes come in two models, one straight and one angled, although the angled are sometimes slightly more expensive, and many of the lower priced spotting scopes don't have that option.
200 yards shouldn't be too hard to handle for most decent spotting scopes, as long as you aren't trying to see holes from like a .17 - obviously, the smaller the hole, the harder to see, especially in the black part of the target.
As far as breaking the bank goes, some banks are harder to break than others, do you have a ballpark you'd like to hit?
I like my Nikon Prostaff 65mm,
http://swfa.com/Nikon-16-48x65-ProStaff-Spotting-Scope-P42416.aspx but it is probably a bit pricey at about $400, and is more scope than it sounds like you need.
I was going to tell you to look at Bushnell, but they don't have much with an angled eye piece, except for this one with an adjustable angle eye piece:
http://swfa.com/Bushnell-20-60x60-Spacemaster-Spotting-Scope-P2499.aspx - I have my doubts about that adjustable part, honestly...
Zen-Ray has one,
http://swfa.com/Zen-Ray-20-60x80-Sedona-Spotting-Scope-P41883.aspx - it is a bit big - 80mm objective - but it is under $200
Vortex only has one I could find that is under $200 -
http://swfa.com/Vortex-20-60x60-Nomad-Spotting-Scope-P10876.aspx - a little different approach with the short/fat body. They have others in the mid-$300 range that are more traditional.
Burris has one similar to the $200 Vortex, but when I was researching them to buy one, I tried one out (along side the Nikon I bought and a $600 Sightron and a few others), and it did OK, but I wasn't impressed even for the price - tough to focus, and had problems with lower light.
Other than those, you are at the low end that I don't think I'd trust (Barska, BSA, Tasco all have models in the sub-$100 range), but for you they might be OK. You also might be able to find a store brand for under $200, but you never know what you are getting.
After that, you get into the $300 and up range. Some of the good ones you'll pay more than $200 for just the eye piece...!
If you can, set them up side-by-side and compare them - I did, and I was surprised at what I saw. There is a reason the low-end scopes sell for as little as they do. But, once you are out of the very low range, higher price doesn't always mean better - the $400 Nikon was far better than the $600 Sightron.
Good luck!
Just a Shooter