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

### Question Asked by a Student from EXXAMM.com Team

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 %

#### HINT

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

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