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Aptitude · Q1

True Discount

Competitive Exams · Aptitude · question 1

Q1

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%
Answer
B.
5%
C.
7.5%
D.
10%

Answer: Option A

Solution

Answer: Option A
Solution:
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