[35 : 44] A man invests some money partly in 12% stock at 105 and partly in 8% stock at 88. To obtain equal di

For Competitive Exams

A man invests some money partly in 12% stock at 105 and partly in 8% stock at 88. To obtain equal dividends from both, he must invest the money in the ratio:

31 : 44

31 : 27

16 : 15

35 : 44

Explanation:

In case of stock1, if he invest Rs.105, he will get a dividend of Rs.12 [assume face value = 100]

In case of stock2, if he invest Rs.88, he will get a dividend of Rs.8 [assume face value = 100]

ie, if he invest Rs.$\dfrac{(88 \times 12)}{8}$, he will get a dividend of Rs.12

Required ratio = 105 : $\dfrac{(88 \times 12)}{8}$ = 105 : $(11 \times 12)$ = 35 : $(11 \times 4)$ = 35 : 44

Additional Questions

A man invested Rs. 4455 in Rs. 10 shares quoted at Rs. 8.25. If the rate of dividend be 12%, his annual income is:	Answer
A man bought 20 shares of Rs. 50 at 5 discount, the rate of dividend being 13$ \dfrac{1}{2} $. The rate of interest obtained is:	Answer
To produce an annual income of Rs. 800 from a 8% stock at 90, the amount of stock needed is:	Answer
A 6% stock yields 8%. The market value of the stock is:	Answer
A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both, he must invest the money in the ratio:	Answer
A 14% stock yielding 8% is quoted at:	Answer
By investing Rs. 1620 in 8% stock, Michael earns Rs. 135. The stock is then quoted at:	Answer
A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:	Answer
The cost price of a Rs. 100 stock at 4 discount, when brokerage is $\dfrac{1}{4}$% is:	Answer
A man invests some money partly in 12% stock at 105 and partly in 8% stock at 88. To obtain equal dividends from both, he must invest the money in the ratio:	Answer

Share with Friends