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:
Rs. 5000
Let the investment in 9% stock be Rs. .
Then, investment in 10% stock = Rs. (9800 - ).
975×x=1080×(9800−x)⇒3X25=9800−x8⇒24x=9800×25−25x⇒49x=9800×25x=5000.