₹ 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The… · ABC26GN5261

Subject: General Aptitude · Chapter: Stocks and Shares

₹ 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)₹ 4800

(b)₹ 5000

(c)₹ 5400

(d)₹ 5600

Answer

Answer: B ✓ checked by 4AB · confidence high

Explanation

Yields: 9/75 = 12 % and 10/80 = 12.5 %. 0.12x = 0.125(9800 − x) ⇒ 0.245x = 1225 ⇒ x = ₹5000.

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