1.

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being \(13\frac{1}{2}\% \). The rate of interest obtained is

A. \(13\frac{1}{2}\% \)
B. \(12\frac{1}{2}\%\)
C. 15%
D. \(16\frac{2}{3}\% \)
Answer» D. \(16\frac{2}{3}\% \)


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