Question

A man has some of money to invest in shares. He invests 60% of his money in 10% ₹100 shares at ₹110 and the rest in 20% ₹ 50 at ₹60. If his total annual income from investment is ₹2000 calculate
1. His total investment
2. Total number of shares of the first kind that he bought
3. Total number of shares he bought ​

Answer 1

Answer:

rs 110 and the rest in 20% rs50 shares at rs 60. If his total annual income from investment is rs 2,000,

calculate

(i) his total investment,

(ii) the number of shares of the first kind that he bought, and

(iii) total number of shares that he bought