A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13fra – OfficerPath

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MCQ Practice

A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13frac12. The rate of interest obtained is:

Subject: MathematicsTopic: Stocks And Shares

A

12frac12 %

B

13frac12 %

C

15%

D

16frac23 %

Correct Answer: C

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