Stocks and Shares - Data Intensity 1 :: Discussion


20.A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in each stock?
A.3600(8%), 4200(9%)
B.4000(8%), 4200(9%)
C.3600(8%), 4000(9%)
D.4000(8%), 4000(9%)
Answer:  Option  A
Explanation:

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Published by:Michael Daani

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