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A man has Rs. 1500 to purchase two types of shares of two different companies S1 and S2. Market price of one share of S1 is Rs 180 and S2 is Rs. 120. He wishes to purchase a maximum of ten shares only. If one share of type S1 gives a yield of Rs. 11 and of type S2 yields Rs. 8 then how much shares of each type must be purchased to get maximum profit? And what will be the maximum profit?
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- if he purchase 7 shares in s1 and 2 shares in s2 he will get 93 rupees profit , thus 1500 rupees has spend
if he purchase 9 shares in s2 and 2 shares in s1 94 is profit , thus he has spend rs 1440 - 10 years agoHelpfull: Yes(0) No(0)
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