Mathematics
Medium
Question
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
✓ Official correct answer
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A
Rs. 4500
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B
Rs. 6000
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C
Rs. 5500
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D
Rs 4000
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