A manbought 20 shares of ₹ 50 at 5 discount, the rate of dividend being 13 1/2%. The rate of interest… · ABC26GN5256

Subject: General Aptitude · Chapter: Stocks and Shares

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.

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