A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3 – McqOptions

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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%

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