top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

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

0 votes
107 views

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

Looking for solution? Promote on:
Facebook Share Button Twitter Share Button LinkedIn Share Button




Similar Puzzles
0 votes

A man buys Rs.25 shares in a company which pays 9% dividend. The money invested by the person is that much as given 10% on investment.
At what price did he buy the shares?

0 votes

Riya invests a part of Rs 42000 in 9% stock at Rs 120 and the remainder in 15% stock at Rs 110.
If her total dividend per annum is Rs 4500, how much does she invest in 15% stock at Rs 110?

0 votes

The market value of a 7.5% stock, in which an income of Rs 143 is derived by investing s 1700, brokerage being 1/2% is

...