For an income of Rs. 10, investment = Rs. 96.
For an income of Rs. 12, investment = Rs. (96/10)*12 = Rs. 115.20.
For an income of Re. 1 in 9% stock at 96, investment = Rs. 96/9 = Rs.32/3
For an income Re. 1 in 12% stock at 120, investment = Rs. 120/12 = Rs. 10.
Ratio of investments =(32/3) : 10 = 32 : 30 = 16 : 15.
For an income of Rs.756, investment = Rs.9000
For an income of Rs. , investment = = Rs.125
For a Rs.100 stock, investment = Rs.125.
Market value of Rs. 100 stock = = Rs. 124.75
Let the monthly salary of Shankar be = Rs.x
Amount invested on expenditure = 25% = x/4;
Remaning amount = 3x/4;
Amount invested on children education = 20% i.e = 3x/20;
Remaining amount = 3x/4 - 3x/20 = 3x/5;
Remaining amount invested in three different schemes i.e is 1/3(3x/5)
=> x/5 = 5600
Therefore x = 28000
Hence, Monthly salary of Shankar is Rs. 28,000.
Cash realised= Rs. (106.25 - 0.25)
= Rs. 106.
Cost of 1 share =
Cost of 96 shares = = Rs. 912.
For an income of Rs. 756, investment = Rs. 9000.
For an income of , investment = = Rs. 125.
For a Rs. 100 stock, investment = Rs. 125.
Market value of Rs. 100 stock = = Rs. 124.75
Suppose he buys each share for Rs. x.
Then, or x = Rs. 22.50.
Cost of each share = Rs. 22.50.
By investing Rs. 1552, income = Rs. 128.
By investing Rs. 97, income = = Rs. 8.
Dividend = 8%
Cost of Rs. 100 stock = Rs. (100+4) = Rs.104
Cost of Rs. 4500 stock = = Rs. 4680
Cash realised = Rs. (106.25 - 0.25) = Rs. 106.
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