Question

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.0.05
C.0.075
D.0.1

Answer 1

Answer:

option : A

Step-by-step explanation:

C.P = Rs.3000  

S.P =Rs. [3600 x 10] / [100+(10 x 2)] = Rs.3000  

Gain =0%