Question

Arran invests 10400 in 6% shares at 104 and 11440 in 10.4% shares at 143. How
much income would he get in all?​

Answer 1

Answer:

Rs 14.32

Step-by-step explanation:

income on Rs. 104

= 6% of Rs. 10400

= 6/100 x 10400

Income on

Rs 1

= 6 x 10400/100 x 104

= Rs. 6

Income on

Rs. 143

= 10.4% of Rs. 11440

= 104/10 x 100 x 11440

= 104 x 1144/100

Income on Rs 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