Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:

/ Discount Mcqs, Mathematics Mcqs / By
A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:

A. 0%
B. 5%
C. 7.5%
D. 10%