Find the rate of interest on the investment from 88 shares of Rs. 25 e – McqOptions

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1.	Find the rate of interest on the investment from 88 shares of Rs. 25 each at 5 premium, brokerage being (1/4) per share and the rate of dividend being 7(1/2) % per annum?
A.	6.5%
B.	6.2%
C.	6%
D.	7%
Answer» C. 6%

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