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 131/2. The rate of interest obtained is:
A.	121/2%
B.	131/2%
C.	15%
D.	162/3%
Answer» D. 162/3%

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