Stocks and Shares Practice Test 1

Question : 11 of 40

Marks: +1, -0

Rashmi invests her savings partly in 7% stock at 108 and partly in 9% stock at 135 to get equal dividend from both. At what ratio must she invest the money?

36 : 35
1 : 3
5 : 4
7 : 11
13 : 9

Validate

Solution:

Let the required ratio be x : y.
So,

7/108x=9/135y

x/y=9/135×108/7=36/35

So, required ratio = 36 : 35

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