$A$ company issued $50000$ shares of par value $Rs. 100$ each. If the total dividend declared by the company is $Rs. 125000$,out of which $Rs. 50000$ have been kept in reserve fund and the remaining is distributed as dividend,find out the rate of dividend paid by the company (in $\%$).
- A$2 \frac{3}{4}$
- B$1 \frac{1}{2}$
- C$1 \frac{1}{4}$
- D$2$
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