Mathematics
A man invests ₹6750, partly in shares of 6% at ₹140 and partly in shares of 5% at ₹125. If his total income is ₹280, how much has he invested in each ?
Shares & Dividends
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Answer
Let the investment of the man in shares of 6% at ₹140 be ₹x, then his investment in shares of 5% at ₹125 = ₹(6750 - x)
But the total income of the man is ₹280,
∴ Investment in 6% shares at ₹140 = ₹3500
and Investment in 5% shares at ₹125 = ₹3250
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