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
Answer:The man's total income is 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
Given:
Income of Rs. 104 = 6% of Rs. 10400.
Income of Rs. 143 = 10.4% of Rs. 11440.
To Find:
Income would get in all.
Solution:
Case 1: Income of Rs. 104 = 6% of Rs. 10400.
× 10400
•°• Income on Re 1 =
Case 2: Income of Rs. 143 = 10.4% of Rs. 11440.
×11440
•°• Income on Re 1 = =
•°• Total income earned by man = Rs. 6 + Rs. 8.32