mr joshi invested 4000 partly in 4% stock at rs 75 and reaming 6% at 125 the ratio of the income from both the stock is 2:3 find the investment in each stock
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Answer:
1500 & 2500
Step-by-step explanation:
mr joshi invested 4000 partly in 4% stock at rs 75 and reaming 6% at 125 the ratio of the income from both the stock is 2:3 find the investment in each stock
Let say Invested in 4% stock at rs 75 = 375A
Share Bought = 375A/75 = 5A
Income = (4/100)5A = 0.2A
Investment in 6% at 125 = 4000 - 375A
Share bought = (4000 - 375A)/125 = 32 - 3A
Income = (6/100)(32 - 3A) = 1.92 - 0.18A
0.2A/( 1.92 - 0.18A) = 2/3
=> 0.6A = 3.84 - 0.36A
=> 0.96A = 3.84
=> A = 4
Investement in one stock = 375A = 375*4 = 1500
Investment in other Stock = 4000 - 1500 = 2500
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