Masood invests a part of Rs. 12000 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?

Related Mcqs:

In order to obtain an income of Rs. 650 from 10% stock at Rs. ,96, one must make an investment of___________?

A. Rs. 3100 B. Rs. 6240 C. Rs. 6500 D. Rs. 9600...

To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is__________?

A. Rs. 10,000 B. Rs. 10,800 C. Rs. 14,400 D. Rs. 16,000...

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:_________?

A. 12 B. 15 C. 18 D. 20...

To produce an annual income of Rs. 1200 from a 12% stock at 90, the amount of stock needed is:_________?

A. Rs. 10800 B. Rs. 10000 C. Rs. 14400 D. Rs. 16000...

Find the cost of Rs. 6400, 10% stock at 15 discount.

A. 5440 B. 5480 C. 6440 D. 6480...