CSC
Company
Numerical Ability
Stock and Shares
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. 4800 B. Rs. 5000
C. Rs. 5400 D. Rs. 5600
Read Solution (Total 3)
-
- let investment is x... den remaining investment is (9800-x)
x*9/75= (9800-x)*10/80
x=4800
9800-x=5000 - 12 years agoHelpfull: Yes(4) No(0)
- b. 5000
if invest 5000 for 9% stock at 75
he will earn (5000*9)/75=rs600
now he can invest 9800-5000=4800 st 10% stock at 80
he will earn (4800*10)/80=rs 600
hence b is the correct ans - 12 years agoHelpfull: Yes(2) No(1)
- Let the investment in 9% stock be Rs. x.
Then, investment in 10% stock = Rs. (9800 - x).
(9*x)/75=(10*(9800-x))/80
3x/25=(9800-x)/8
x=Rs.5000 - 12 years agoHelpfull: Yes(1) No(0)
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