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 what percentage ?

+2 votes

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 what percentage ?

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