A man invests Rs. 6750, partly in shares of 6% at Rs. 140 and partly in shares of 5% at Rs. 125. If his total income is Rs. 280, how much has he invested in each?
Solution:
Let the investment in first case = x
Then investment in second case = (6750 – x)
In first case, the dividend
Divide Rs. 20304 into two parts such that if one part is invested in 9% Rs. 50 shares at 8% premium and the other part is invested in 8% Rs. 25 shares at 8% discount, then the annual incomes from both the investment are equal
Solution:
Total amount = Rs 20304
Let amount invested in 9% Rs 50 at 8%
premium = x
Then amount invested in 8% Rs 25 at 8%
Discount = 20304 – x
Income from both investments are equal Now income from first type of shares
