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.	16(1/2)%
D.	15%
Answer» E.

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