A. Rs. 4500
B. Rs. 6000
C. Rs. 5500
D. Rs 4000
Let investment in 12% stock is Rs. x.
investment in 15% stock Rs. (12000 – x).
(12/120) * x + 15/125(12000-x) = 1360
5x + 72000 -6x hence x = 4000
Related Mcqs:
- A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both he must invest the money in the ratio_________?
A. 3:4
B. 3:5
C. 4:5
D. 16:15 - A invested some money in 10% stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of__________?
A. Rs. 80
B. Rs. 115.20
C. Rs. 120
D. Rs. 125.40 - A invested some money in 10% stock at 96. If B wants to invest in an equality good 12% stock, he must purchase a stock worth of___________?
A. Rs.50
B. Rs.105
C. Rs.115.20
D. Rs.125.40 - Find the income derived from 88 shares of Rs. 25 each at 5 premium, brokerage being (1/4) per share and the rate of dividend being 7(1/2) % per annum.
A. 150
B. 165
C. 180
D. 201 - A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in each stock?
A. 3600(8%), 4200(9%)
B. 4000(8%), 4200(9%)
C. 3600(8%), 4000(9%)
D. 4000(8%), 4000(9%) - A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is___________?
A. 7.50%
B. 8%
C. 9.70%
D. None of these. - A man invested Rs. 1552 in a stock at 97 to obtain an income of Rs. 128. The dividend from the stock is__________?
A. 7.5%
B. 8%
C. 9.7%
D. None of these - A man invests in a 16% stock at 128. The interest obtained by him is:____________?
A. 16%
B. 12.5%
C. 8%
D. 12% - Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is___________?
A. Rs. 4800
B. Rs. 5400
C. Rs. 5000
D. Rs. 5600 - A man invested Rs. 14,400 in Rs 100 shares of a company at 20% premium. If the company declares 5% dividend at the end of the year, then how much does he get ?
A. Rs. 500
B. Rs. 600
C. Rs. 650
D. Rs. 720
