Question: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
/59
+ Answer
B
+ ExplanationLet the investment in 9% stock be Rs. x.
Then, investment in 10% stock = Rs. (9800 - x)
`9/75 xx x = 10/80 xx (9800 - x) or (3x)/25`
`= (9800 - x)/8`
`or 24x = 9800 xx 25 - 25x or 49x`
`= 9800 xx 25 or x = 5000.`