A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend b – McqOptions

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1.	A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13. The rate of interest obtained is:
A.	12 1 % 2
B.	13 1 % 2
C.	15%
D.	16 2 % 3
Answer» D. 16 2 % 3

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