Question

A man invests Rs 10400 in 6%.Rs100 shares at Rs104 and Rs 11440 in 10.4%Rs100 shares at Rs 143.How much income would he get in all?

Answer 1

Given,
1......
Income on Rs. 104 = 6% of Rs. 10400 = 6/100 x 10400
Income on re 1  =  6 x 10400/100 x 104 = Rs. 6

2.......
Income on Rs. 143 = 10.4% of Rs. 11440 = 104/10 x 100 x 11440
                                                                  =  104 x 1144/100
Income on re 1 = 104 x 1144/100 x 143 = 8 x 104/100
= 832/100
= 8.32
Total income earned by man = Rs. 6 + Rs. 8.32
                                              = Rs. 14.32