Discussion of Question with ID = 047 under Stocks-and-Shares

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Question

An investor has put x Rs. in 4% stock at Rs. 114, and the remaining, Rs. (842 - x) in 3% at Rs. 125. If the dividends are equal, what is x?

A

Rs. 342.

B

Rs. 442.

C

Rs. 242.

D

Rs. 542.

Soln.
Ans: a

Dividends are equal, so ${x × 4}/114$ = ${(842 - x) × 3}/125$. Solving, we get x = Rs. 342.


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