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Quantitative Aptitude

Simple Interest & Compound Interest

A man purchas...

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%

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B

5%

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C

7.5%

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D

10%

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Solution

The correct option is A
0%

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