Mathematics
Medium
Question
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%)
✓ Official correct answer
B
4000(8%), 4200(9%)
C
3600(8%), 4000(9%)
D
4000(8%), 4000(9%)
Community credibility
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A
3600(8%), 4200(9%)
No member explanations yet for this option.
B
4000(8%), 4200(9%)
No member explanations yet for this option.
C
3600(8%), 4000(9%)
No member explanations yet for this option.
D
4000(8%), 4000(9%)
No member explanations yet for this option.