A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13. The rate of interest obtained is:  Answers:
A) 12	1/2%
B) 13	1/2%
C) 15%
D) 16	2/3%
E) 18	2/3%
there is a small correction in this question. the rate of dividend is 13 1/2.   replace 13 in the solution by 13 1/2.   the ans is 15%   ANSWER:15%
<result>C</result>
A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13. The rate of interest obtained is: