A man invests 10400 in 6% shares at 104 and 11440 in 10.4% shares at 143. How
much income would he get in all?
Answers
Answered by
5
Answer:
The mans income is Rs. 1813.76
Step-by-step explanation:
Given
Investment of Rs 10400 in 6% shares=Rs 104
Investment of Rs 11440 in 10.4% shares=Rs 143
From the given above statement
We have
Income on Rs 104
= 6% n Rs 10400
=
= 6 x 104
=624
Income on Rs 104 =Rs 624
Income on Rs 143
= 10.4% n Rs 11440
= 11897.6/10
=1189.76
Income on Rs 143 =Rs 1189.76
Therefore total income = [Income on Rs 104 +Income on Rs 143]
=Rs 624 + Rs 1189.76
=Rs 1813.76
Hence a man gets a total income of Rs 1813.76
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