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:
Correct answer D. 16 : 15
Tip: press A, B, C or D to answer, and N for the next question.
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More Stocks and Shares questions
See allRs. 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:
Correct answer B. Rs. 5000
A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:
Correct answer C. Rs. 648
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A 6% stock yields 8%. The market value of the stock is:
Correct answer B. Rs. 75
By investing in 16 % stock at 64, one earns Rs. 1500. The investment made is:
Correct answer B. Rs. 5760
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