Question

devide rupees35400 into two parts such that if one part is invested in 9%,rupees 100 shares at 4%discount and the other in 12%, rupees 50 shares at 8% premium, the annual incomes are equal​

Answer 1

Let the two parts in which Rs.35400 isto be divided be Rs. x and Rs.(35400 - x). ∵ Annual Income = No. of Shares × Rate of Dividend × N.V. of 1 Share. According to the Question, Annual Income from both Investments are equals