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Mr. Parekh invested Rs.52000 on Rs.100 shares at a discount of Rs.20 paying 8% dividend. At the end of the year he sells the

Mr. Parekh invested Rs.52000 on Rs.100 shares at a discount of Rs.20 paying 8% dividend. At the end of the year he sells the shares at a premium of Rs. 20. Find his rate of return.

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