Stocks and Shares - Data Intensity 1 :: Discussion


18.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?
A.Rs. 4500
B.Rs. 6000
C.Rs. 5500
D.Rs 4000
Answer:  Option  D
Explanation:

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Published by:Michael Daani

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