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Posted By: Merin Kuriachan       Member Level: Diamond       Posted Date: 23 Jun 2007       Category: Aptitude Test

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 :



Select Answer:

0%
5%
7.50%
10%




      
Your Test Score: 0 / 0



Next Question: A owes B, Rs. 1573 payable 1.5 years hence. Also B owes A, Rs. 1444.50 payable 6 months hence. If they want to settle the account forthwith, keeping 14% as the rate of interest, then who should pay and how much?
Previous Question: A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest is 12% per annum, how much cash should he pay?
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