Aptitude - True Discount - Discussion

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Q.

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. 7.50% D. 10%

Answer: Option A
Explaination:

 


Discussion

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