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Question

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. 5000

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B

Rs. 5600

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C

Rs. 4800

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D

Rs. 5400

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Solution

The correct option is A

Rs. 5000


Let the investment in 9% stock be Rs. .

Then, investment in 10% stock = Rs. (9800 - ).

975×x=1080×(9800x)3X25=9800x824x=9800×2525x49x=9800×25x=5000.


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