Question

A person purchased a watch for Rs. 3,000 and sold it the same day for Rs,3,600 allowing the

buyer a credit of 9 years. If the rate of interest be 7.5% p.a. he has a gain of ......

a. 4.5%

b. 5%

c. 5.5%

d. 6%​

Answer 1

Answer:

hey mate

here is your answer

it is c. 5.5%

hope it helps you