Vishwanath
Saturday, February 16, 2013
6. A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13 . The rate of interest obtained is:
|
|
Answer: Option C
Explanation:
Investment = Rs. [20 x (50 - 5)] = Rs. 900.
Face value = Rs. (50 x 20) = Rs. 1000.
Dividend = Rs. |
| 27 | x | 1000 |
| = Rs. 135. |
2 | 100 |
Interest obtained = |
| 135 | x 100 | % | = 15% |
900 |
Title : Stocks And Shares Q6
Description : 6. 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 %...
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