Aptitude - Stocks and Shares - Discussion

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Q.

Rajinder invests a part of Rs. 12000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?. [Hotel Mgt 1992]                         


A. 4500 B. 5500
C. 6000 D. 4000

Answer: Option D
Explaination:

 





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