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:
Choose the correct choice from the following answers: A) 0% B) 1% C) 2% D) 3% E) 4%
C.P. = Rs. 3000.   S.P. = Rs.	(3600 x 100)/(100 + (10 x 2))= Rs. 3000.   Gain = 0%.   answer :0%
<result>A</result>
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: