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True Discount
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A man buys a watch for Rs. 1950 in cash an...
A man buys a watch for Rs. 1950 in cash an...
0
A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man:
a.
gains Rs. 55
b.
gains Rs. 50
c.
gains Rs. 45
d.
NIL
Asked By :
subramanian
Categories :
True Discount
,
Aptitude
,
Logical
,
Simple Interest
Answer:
b. gains Rs. 50
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