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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 : |
A. | 0% |
B. | 5% |
C. | 7.5% |
D. | 10% |
Answer» B. 5% | |