Question

ranjan invest rs x in a company A, offering share of rs 100 at rs 80 each paying 12% divided .he also invest rs x in some company B .offering share of rs 100 at rs 120 each paying 16% dividend. he find that if he had bought equal number of shares of each company with his total investment of rs 2x , his income would have been rs 20 less. find x

Answer 1

100x80
800
12x16
192
100 x120
12000
800 x192x12000
1843200