Infosys
Company
1.
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
Read Solution (Total 2)
-
- for income Rs 1,in 9% stock at 96-- investment=(96/9)= 32/3
for income Rs 1,in 12% stock at 120-- investment=(120/12)= 10
ratio=32/3:10=16:15
- 13 years agoHelpfull: Yes(3) No(2)
- 9% of 96=8.64
12% of 120=14.44
(8.64/14.44)=0.6
and 3:5=0.6
so ans is B 3:5 - 8 years agoHelpfull: Yes(0) No(0)
Infosys Other Question