Warning: implode(): Invalid arguments passed in /www/wwwroot/jobquiz.info/mdiscuss.php on line 336 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: ?->(Show Answer!)
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:
Ask Your Doubts Here
Comments
By: guest on 01 Jun 2017 05.48 pm
For an income of Re. 1 in 9% stock at 96, investment = Rs. 96 = Rs. 32 9 3 For an income Re. 1 in 12% stock at 120, investment = Rs. 120 = Rs. 10. 12 Ratio of investments = 32 : 10 = 32 : 30 = 16 : 15. 3