India’s No.1 Educational Platform For UPSC,PSC And All Competitive Exam
  • Sign Up
  • Login
  • 0
  • Donate Now

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:

Option :

Answer:Option 1

Explanation:

Solution:
C.P.=Rs.3000.S.P.=Rs.[3600×100100+(10×2)]=Rs.3000.Gain=0%.



Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.

Current Affairs
Test
Classes
E-Book