Question

An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and
8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%,
and the interest from the 8% investment is 8 times the interest from the 5% investment. Amount of
money invested in each stock is:
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Answer 1

Answer:

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Explanation:

An investor receives a total of Rs.5,700 per annum in interest from 3 stocks yielding 4%, 5% and

8% per annum respectively. The amount at 4% is Rs.20,000 more than the amount invested at 5%,

and the interest from the 8% investment is 8 times the interest from the 5% investment. Amount of

money invested in each stock is: