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A man wishes to invest Rs 2490. He invests Rs 900 in 7/2% stock................at what price does he buy the 6% stock?

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A man wishes to invest Rs 2490. He invests Rs 900 in 7/2% stock at 75 , Rs 850 in 3% at 68 and the remainder in 6% stock. If the total yield from his investment in 5% , at what price does he buy the 6% stock?

posted Nov 5, 2015 by Mishthy Mukherjee

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