Aptitude - True Discount - Discussion

Discussion Forum : True Discount - General Questions (Q.No. 1)
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:
0%
5%
7.5%
10%
Answer: Option
Explanation:

C.P. = Rs. 3000.

S.P. = Rs. 3600 x 100 = Rs. 3000.
100 + (10 x 2)

Gain = 0%.

Discussion:
59 comments Page 6 of 6.

Asama said:   1 decade ago
cp=cost price
sp=selling price

Priti said:   1 decade ago
Bessie, thanx for explaining,

Vignesh Jagan said:   1 decade ago
100 x Amount/100 + (R x T).

Aurum said:   1 decade ago
@Nagarajan
Thanks for help

Harsha said:   1 decade ago
elaborate the sp formula

Drj said:   8 years ago
You are correct @Amanda.

Madhu said:   1 decade ago
What is the formula ?

Dhirendra said:   1 decade ago
What is cp & sp?

Jayaprakash said:   2 decades ago
What is the formula?


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