Question

Divide 50,760 into two parts such that if
one part is invested in 8% * 100 shares at 890
discount and the other in 9% = 100 shares at
8% premium, the annual incomes from both
the investments are equal.​

Answer 1

Let parts be x,50760-x
X8/890=(50760-x)9/108
12x=(50760-x)890
12x=45176400-890x
902x=45176400
X=45176400/902= 50000