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A man bought a motor-cycle for ₹32500. He sold it for ₹35000, allowing the buyer for a 6 months credit. If the money be worth 4 % per annum, the gain percent is :
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8 1 % 7 -
7 9 % 13 -
7 5 % 13 -
8 2 % 5 - None of these
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Correct Option: B
Here , Selling Price of motor- cycle = ₹35000
Cost Price of motor- cycle = ₹32500
∴ Gain = Selling Price - Cost Price
Gain = ₹35000 - ₹32500
Gain = ₹2500
| ∴ Gain % = | Gain | × 100 % |
| Cost Price |
| ∴ Gain % = | 2500 | × 100 % |
| 32500 |
| = | 100 | % = 7 | 9 | % |
| 13 | 7 |
