A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13. The rate of interest obtained is:

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Q 1413478340.     A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13. The rate of interest obtained is:
A

`12 1/2 %`

B

`13 1/2 % `

C

`15%`

D

`16 2/3 % `

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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