A manbought 20 shares of ₹ 50 at 5 discount, the rate of dividend being 13 1/2 \%. The rate of interest obtained is :

ABC26GN5256 · Stocks and Shares

Subject: General Aptitude · Chapter: Stocks and Shares · Exam: · Marks: · Difficulty:

A manbought 20 shares of ₹ 50 at 5 discount, the rate of dividend being $13 \frac{1}{2} \%$. The rate of interest obtained is :

(a)$12 \frac{1}{2} \%$

(b)$13 \frac{1}{2} \%$

(c)15\%

(d)$16 \frac{2}{3} \%$

Answer

Answer (as printed): C

Explanation

No explanation was printed for this question.