Aptitude - Stocks and Shares - Discussion
Discussion Forum : Stocks and Shares - General Questions (Q.No. 8)
8.
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:
Answer: Option
Explanation:
Let the investment in 9% stock be Rs. x.
Then, investment in 10% stock = Rs. (9800 - x).
| 9 | x x = | 10 | x (9800 - x) |
| 75 | 80 |
 |
3x | = | 9800 - x |
| 25 | 8 |
24x = 9800 x 25 - 25x
49x = 9800 x 25
x = 5000.
Discussion:
12 comments Page 2 of 2.
Subham giri said:
6 years ago
My question is a man has Rs: 23000 he invested partly in 3% stock at 80 and rest 4% stock at 110. For total income is 850 find her investment in each case.
Can anyone solve this?
Can anyone solve this?
PRIPJ said:
1 year ago
Here, They have considered the face value of both to be 100. Right?
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