A man invested Rs 6750 partly in shares
Of 6% at Rs140 and partly in shares of 5%at 125 if his total income is Rs 280 how much has he invested in each
Answers
Answer:
Step-by-step explanation:
Given
A man invested Rs 6750 partly in shares Of 6% at Rs 140 and partly in shares of 5%at 125 if his total income is Rs 280 how much has he invested in each.
ANSWER
Let the investment of the man in shares paying 6% at Rs 140 is Rs x and that of 5% at Rs 125 be Rs (6750 – x)
Income on one share of Rs 140 is Rs 6
So income of Rs x = 6/140 x x = Rs 3 x / 70
Income on one share of Rs 125 = Rs 5
So income on Rs 6750 – x = 6750 – x / 125 x 5 = 1/25(6750 – x)
Now total income is Rs 280
3 x /70 + 6750 – x / 25 = 280
15 x + 94,500 – 14 x / 350 = 280
15 x + 94,500 – 14 x = 280 x 350
x = 3500
Now 6750 – x = 6,750 – 3500 = Rs 3,250
Investment in buying shares at 6% is Rs 3500 and
Investment in buying shares at 5% is Rs 3250.