Mathematics
Medium
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%
✓ Official correct answer
B
5%
C
7.5%
D
10%
Community credibility
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A
0%
No member explanations yet for this option.
B
5%
No member explanations yet for this option.
C
7.5%
No member explanations yet for this option.
D
10%
No member explanations yet for this option.