Stocks and Shares Practice Test 2

Question : 2 of 36

Marks: +1, -0

Mukul invests his savings partly in 6% stock at 84 and partly in 5% stock at 90. To get equal dividend from both the stocks. At what ratio must he invest?

8 : 11
9 : 7
5 : 6
7 : 9
3 : 5

Validate

Solution:

Let the required ratio be x : y.
So,

6/84x=5/90y

x/y=5/90×84/6

x : y : : 7 : 9

Mukul must invest in the ratio of 7 : 9.

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