Sakshi invests a part of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
A.Rs. 4000
B.Rs. 4500
C.Rs. 5500
D.Rs. 6000
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Heya !
Here is your answer =>
Answer: option A
Refer to the attachment for calculation and formula
Here is your answer =>
Answer: option A
Refer to the attachment for calculation and formula
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