A man purchased a cycle for Rs 3,000 and sold it the same day for Rs 3,600, 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 man purchased a cycle for Rs 3,000 and sold it the same day for Rs 3

1.	A man purchased a cycle for Rs 3,000 and sold it the same day for Rs 3,600, 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.	7.5%
B.	5%
C.	20%
D.	None of these
Answer» E.