4.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%
Answer:
Option : A
C.P. = Rs. 3000.
S.P.
|
= Rs.
|
|
3600 x 100
|
|
= Rs. 3000
|
100 + (10 x 2)
|
Gain = 0%
