Mr Jaspal purchased a cow for Rs. 3,000 and sold it to Mr Dharampal, o – McqOptions

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1.	Mr Jaspal purchased a cow for Rs. 3,000 and sold it to Mr Dharampal, on the same day, for Rs. 3,600, allowing Dharampal a credit of 2 years. If the rate of interest be 10% per annum, then the Jaspal has a gain of:
A.	Nil
B.	5%
C.	750
D.	10%
Answer» B. 5%

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