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A man invsets Rs 22,500 in Rs 50 shares ...

A man invsets Rs 22,500 in Rs 50 shares available at 10% discount, If the dividend paid by the company is 12%, calculate the rate of return he gets in his investment.
Give your answer correct to the nearest whole number.

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The correct Answer is:
`13%`
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ICSE-MATHEMATICS-2018-SECTION- B
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