Subject
Quantitative Aptitude
Topic
Percentage
A man bought 20 shares of Tk. 50 at 5 discounts, the rate of dividend being 13(1/2). The rate of interest obtained is:
A man bought 20 shares of Tk. 50 at 5 discounts, the rate of dividend being 13(1/2). The rate of interest obtained is:
ক)
12(1/2)%খ)
13(1/2)%গ)
15%ঘ)
16(2/3)%Explanation
Investment = Tk. [20 x (50 - 5)] = Tk. 900. Face value = Tk. (50 x 20) = Tk. 1000. Dividend = Tk. (27/2 x 1000/100) = Tk. 135. Interest obtained = ((135/900) x 100)% = 15%Related questions
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