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 4 %. The rate of interest obtained is?
A.	4
B.	3
C.	5.28%
D.	4.95%
Answer» E.

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