A man bought 20 shares of Rs. 50, the rate of dividend being 131/2%. T – McqOptions

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1.	A man bought 20 shares of Rs. 50, the rate of dividend being 131/2%. The rate of interest obtained at 5 discount is?
A.	12%
B.	15%
C.	13%
D.	16%
Answer» C. 13%

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