Menu
Home / Arithmetic Aptitude / True Discount :: Discussion

Discussion :: True Discount

  1. 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:
    2. A.

    0%
    B.

    5%
    C.

    7.5%
    D.

    10%

    View Answer

    Workspace

    View Answer

    Answer : Option A

    Explanation :

    C.P. = Rs. 3000.

     

    S.P. = Rs.\( [\frac { 3600*100 } { 100+ (10*2)}] \)= Rs. 3000.

     

    Gain = 0%.

     

Write your comments here:

Be The First To Comment