1. A man invests rs.6750 , partly in shares of 6% at rs.140 and partly in shares of 5% at 125 rs. if his total income is rs 280 , how much has he invested in each?
I NEED A GOOD DETAILED ANSWER
Answers
Answered by
35
Answer:
Investment in buying shares 6% at Rs 140 is Rs 3500
Therefore, in buying shares 5% at Rs 125 is Rs 3250
Attachments:
Answered by
40
Answer:
Rs 3500 & Rs 3250
Step-by-step explanation:
A man invests rs.6750 , partly in shares of 6% at rs.140 and partly in shares of 5% at 125 rs. if his total income is rs 280 , how much has he invested in each
Assumption dividend is on share price of Rs 100
Let say investment in A = X Rs
Then investment in other = 6750 - X Rs
Share of A bought = X/140
Dividend on X/140 shares = 6 * X/140 = 3X/70
Share of B bought = (6750-X)/125 = 54 - X/125
Dividend on 54 - X/125 shares = 5 * (54 - X/125) = 270 - X/25
3X/70 + 270 - X/25 = 280
=> (X/350)(15 - 14) = 10
=> X = 3500
6750 - 3500 = 3250
Rs 3500 invested in one
& Rs 3250 invested in other
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