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Home Aptitude Stocks and Shares See What Others Are Saying!
  • Question
  • A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in each stock?


  • Options
  • A. 4000
  • B. 4200
  • C. 4002
  • D. 4020

  • Correct Answer
  • 4200 

    Explanation

    S.P of Rs. 5000 stock =  R s . 156 100 * 5000 = Rs. 7800. 

     

    Income from this stock =  R s . 12 100 * 5000  = Rs. 600.  

     

    Let investment in 8 % stock be x and that in 9 % stock = (7800 - x).

     

    Therefore,  

     

    x * 8 90 + 7800 - x * 9 108 = 600 + 70   

     

    4 x 45 + 7800 - x 12 = 670 ? x = 3600  

     

    Therefore,  Money invested in 8 % stock at 90 = Rs. 3600.

     

    Money invested in 9 % at 108 = Rs. (7800-3600) = Rs. 4200.


  • More questions

    • 1. What is the average of four tenths and five thousandths

    • Options
    • A. 25002
    • B. 2502
    • C. 0.2025
    • D. none
    • Discuss
    • 2. Which number will come in place of question mark 7, 16, 36, 78, 144, ?

    • Options
    • A. 168
    • B. 196
    • C. 222
    • D. 256
    • Discuss
    • 3. Seven years ago, the average age of A, B and C was 51 years. If A is 3 years older than B and B is 3 years older then C then the present ages of A, B and C are ( in year)

    • Options
    • A. 61, 58 and 55
    • B. 54, 51, and 48
    • C. 55, 58, and 61
    • D. 48, 51 and 54
    • Discuss
    • 4. In the given figure, PQRS is a square inscribed in a circle of radius 4 cm. PQ is produced till point Y. From Y a tangent is drawn to the circle at point R. What is the length (in cm) of SY ?

    • Options
    • A. 4√10
    • B. 2√10
    • C. 6√10
    • D. 3√5
    • Discuss
    • 5. If V = 12R / (r + R) , then R =

    • Options
    • A. Vr / (12 - V)
    • B. Vr + (V /12 )
    • C. V
    • D. V / (r - 12 )
    • Discuss
    • 6. In a class of 60 students there are 20 girls who scored an average of 40 marks in the test, what is the average marks of the boys if the class average is 60 marks?

    • Options
    • A. 60
    • B. 70
    • C. 50
    • D. D)
    • Discuss
    • 7. Which of the fractions given below, when added to 5/8, gives 1?

    • Options
    • A. 6/16
    • B. 5/2
    • C. 6/24
    • D. 6/3
    • Discuss
    • 8. LCM of 80, 85, 90

    • Options
    • A. 11440
    • B. 11998
    • C. 12240
    • D. 12880
    • Discuss
    • 9. In a triangle, the distance of the centroid from the three vertices is 4cm, 6cm and 8cm respectively. Then the length of the smallest median is:

    • Options
    • A. 8
    • B. 7
    • C. 6
    • D. 5
    • Discuss
    • 10. In a mixture of 25 litres, the ratio of milk to water is 4:1. Another 3 litres of water is added to the mixture. The ratio of milk to water in the new mixture is

    • Options
    • A. 5:1
    • B. 5:2
    • C. 5:3
    • D. 5:4
    • Discuss


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