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Maths Puzzle
Numerical Ability
Height and Distance
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%
Read Solution (Total 3)
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- C.P. = Rs. 3000.
S.P. = Rs.(3600 x 100)/(100 + (10 x 2))= Rs. 3000.
Gain = 0%. - 10 years agoHelpfull: Yes(2) No(0)
- The value of Rs.3000 after 2 years(assuming the same is compounded)
A=P(1+R/100)^n=,
Substituting the values, we get A=Rs.3,630
Therefore, the net loss=Rs.30(3630-3600) - 12 years agoHelpfull: Yes(0) No(16)
- 600 = pnr/100
therefore 600 = 3000*2*r/100
therefore r = 10% - 10 years agoHelpfull: Yes(0) No(0)
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