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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. 
      0.0169 / 0.013=?

    • Options
    • A. .13
    • B. .013
    • C. 1.3
    • D. 13
    • Discuss
    • 2. 
      Two posts are x meter apart and the height of one is double that of the other. If from the midpoint of the line joining their feet, an observer finds the angular elevations of their tops to be complementary, then the height (in meter) of the shorter post is :

    • Options
    • A. x 2 ?2
    • B. x 4
    • C. x ?2
    • D. x ?2
    • Discuss
    • 3. 
      If p/q =4/5, then the value of 4/7 + {(2q - p) / (2q + p)} is?

    • Options
    • A. 3 / 7
    • B. 34
    • C. 1
    • D. 2
    • Discuss
    • 4. 
      What is 25% of 25% is equal to?

    • Options
    • A. 6.25
    • B. .625
    • C. .0625
    • D. .000625
    • Discuss
    • 5. 
      The number .05 is hoe many percent of 20?

    • Options
    • A. 25
    • B. .025
    • C. .25
    • D. 2.5
    • Discuss
    • 6. Find the lowest common multiple of 24, 36 and 40.

    • Options
    • A. 120
    • B. 240
    • C. 360
    • D. 480
    • Discuss
    • 7. 
      8 1/ 3% expressed as a fraction is?

    • Options
    • A. 25/3
    • B. 3/25
    • C. 1/12
    • D. 1/4
    • Discuss
    • 8. 
      .025 in terms of term of rate per cent is?

    • Options
    • A. .25%
    • B. 2.5%
    • C. 0.25%
    • D. 371/2%
    • Discuss
    • 9. 
      What percentage of 2/7 is 1/35?

    • Options
    • A. 2.5%
    • B. 10%
    • C. 25%
    • D. 20%
    • Discuss
    • 10. 
      A sum of ? 4000 is lent out in two parts, one at 8% simple interest and other at 10% simple interest. If the annual interest is ? 352, the sum lent at 8% is

    • Options
    • A. ? 1600
    • B. ? 2400
    • C. ? 1800
    • D. ? 2800
    • Discuss


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