Discount Mcqs


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. 7.5%
d. 10%



 
 

    Discussion

Post your comment / Share knowledge