Discussion of Question with ID = 067 under Stocks-and-Shares

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An investor has put x Rs. in 4% stock at Rs. 128, and the remaining, Rs. (1500 - x) in 8% at Rs. 119. If the dividends are equal, what is x?


Rs. 1024.


Rs. 1124.


Rs. 924.


Rs. 1224.

Ans: a

Dividends are equal, so ${x × 4}/128$ = ${(1500 - x) × 8}/119$. Solving, we get x = Rs. 1024.

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