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:

  • 10%
  • 25%
  • 37.5%
  • 410%
Answer:- 1
Explanation:-

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

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
C.P.=Rs.3000.S.P.=Rs.[3600×100100+(10×2)]=Rs.3000.Gain=0%.
", "dateCreated": "7/24/2019 10:09:12 AM" } }
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