A man purchased a cow for Rs.3000 and sold it in the same day for Rs.3600 ,allowing the buyer the credit of 2 years .If the rate of interest is 10% per annum ,then the man has to gain of
Correct Answer : A
The banker’s gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is
The ratio of the cost price and the selling price is 4 : 5. The profit percent is:
A man bought a number of clips at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20%?