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A man buys Rs. 50 shares in a company which pays 10% dividend. If the man gets 12.5% on his investment, at what price did he buy the shares ? | |
A. | Rs. 37.50 [Wrong Answer] |
B. | Rs. 40 [Correct Answer] |
C. | Rs. 48 [Wrong Answer] |
D. | Rs 52 [Wrong Answer] |