ABC26GN5400 · True Discount

Subject: General Aptitude · Chapter: True Discount · Exam: · Marks: · Difficulty:

A man buys a watch for ₹ 1950 in cash and sells it for ₹ 2200 at a credit of 1 year. If the rate of interest is 10\% per annum, the man

(a)gains ₹ 55

(b)gains ₹ 50

(c)loses ₹ 30

(d)gains ₹ 30

Answer

Answer (as printed): B

Explanation

No explanation was printed for this question.