A man bought 60 shares of Rs. 80 at 10% discount. The rate of dividend was 12.5% . The rate of interest obtained was:

A man bought 60 shares of Rs. 80 at 10% discount. The rate of dividend

1.	A man bought 60 shares of Rs. 80 at 10% discount. The rate of dividend was 12.5% . The rate of interest obtained was:
A.	15.00%
B.	\(12 \dfrac{4}{7}\%\)
C.	13.88%
D.	13.25%
Answer» D. 13.25%

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A man bought 60 shares of Rs. 80 at 10% discount. The rate of dividend was 12.5% . The rate of interest obtained was:

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