TestUstad

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?

Correct answer: D. Rs 4000Education

  • A. Rs. 4500
  • B. Rs. 6000
  • C. Rs. 5500
  • D. Rs 4000Education

Explanation

If x is invested in the 12% stock at Rs. 120, its income is x x 12/120 = 0.10x. The remaining Rs. 12000 - x earns (12000 - x) x 15/125 = 0.12(12000 - x), so 0.10x + 0.12(12000 - x) = Rs. 1360, giving x = Rs. 4000. The likely mistake is option b, Rs. 6000, which overlooks that the second investment earns the higher effective return.

Written and checked by , MS Computer ScienceLast updated
Report an error

The more specific you are, the faster it gets fixed. A source beats an opinion.

Prefer email? [email protected]

About Ratio and Proportion

Ratios compare quantities in the same units, while proportions state that two ratios are equal. Problems cover simplification, division in a given ratio, direct and inverse variation, scale, and missing terms, with attention to the difference between a ratio and a fraction representing part of a whole.

Practise Arithmetic

1,060 free Arithmetic MCQs from Mathematics, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Start a free Arithmetic testAll Arithmetic MCQs

Discussion

Stuck on an option, or know a faster way to get there? Ask or explain it here.

No comments yet. Be the first to explain this one.

Exams that ask Mathematics questions like this

Mathematics is on 76 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.

Lecturer Mathematics Test Mathematics80 MCQsNET Mathematics80 MCQsSubject Specialist Mathematics Test Mathematics80 MCQsATS Mathematics30 MCQsCA QAT Mathematics30 MCQsCTS Mathematics30 MCQsECAT Mathematics30 MCQsETEA Engineering Admission Test Mathematics30 MCQsETEA Recruitment Tests Mathematics30 MCQsGAT General Mathematics30 MCQsGIKI Mathematics30 MCQsNAT Mathematics30 MCQsNED Mathematics30 MCQsNTS Mathematics30 MCQsOTS Mathematics30 MCQsPIEAS Mathematics30 MCQsPTS Mathematics30 MCQsSTS Mathematics30 MCQsUTS Mathematics30 MCQsBCAT Mathematics25 MCQsISSB Mathematics25 MCQsCSS MPT Mathematics20 MCQsPAF Mathematics20 MCQsPAF Airman Mathematics20 MCQsPakistan Army Commissioned Officer Test Mathematics20 MCQsPakistan Navy Test Mathematics20 MCQsPatwari Test Mathematics20 MCQsPMA Long Course Test Mathematics20 MCQsPMD Mathematics20 MCQsComputer Operator Test Mathematics15 MCQsDEO Mathematics15 MCQsEducators ESE Test Mathematics15 MCQsEducators SESE Test Mathematics15 MCQsEducators SST Test Mathematics15 MCQsFBR Mathematics15 MCQsJEST Mathematics15 MCQsJunior Clerk Test Mathematics15 MCQsLAT Mathematics15 MCQsNADRA Mathematics15 MCQsPST Mathematics15 MCQsSub Registrar Test Mathematics15 MCQsAJKPSC Mathematics10 MCQsAssistant BS-16 Test Mathematics10 MCQsBPSC Mathematics10 MCQsECP Mathematics10 MCQsFIA Mathematics10 MCQsFPSC Mathematics10 MCQsGBPSC Mathematics10 MCQsIB Mathematics10 MCQsIntelligence Officer Mathematics10 MCQsKPPSC Mathematics10 MCQsMES Mathematics10 MCQsNAB Mathematics10 MCQsNational Highways and Motorway Police Test Mathematics10 MCQsPakistan Railways Recruitment Test Mathematics10 MCQsPCS Mathematics10 MCQsPIA Mathematics10 MCQsPPSC Mathematics10 MCQsPunjab Police ASI Test Mathematics10 MCQsPunjab Police Sub Inspector Test Mathematics10 MCQsSNGPL Mathematics10 MCQsSPSC Mathematics10 MCQsSub Engineer Civil Test Mathematics10 MCQsSub Engineer Electrical Test Mathematics10 MCQsSub Engineer Mechanical Test Mathematics10 MCQsTehsildar and Naib Tehsildar Test Mathematics10 MCQsWAPDA Mathematics10 MCQsANF Mathematics5 MCQsASF Mathematics5 MCQsCTD Mathematics5 MCQsElite Police Force Test Mathematics5 MCQsPakistan Army Soldier Test Mathematics5 MCQsPakistan Rangers Test Mathematics5 MCQsPERA Force Test Mathematics5 MCQsPunjab Police Constable Test Mathematics5 MCQsRescue 1122 Test Mathematics5 MCQs

More Ratio and Proportion questions

A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both he must invest the money in the ratio_________?

A work can be finished in 16 days by twenty women. The same work can be finished in fifteen days by sixteen men. The ratio between the capacity of a man and a woman is_________?

Twelve men can do a work in twenty days while twenty women can finish the same work in sixteen days. Find the ratio between the capacity of a man and a woman.

A invested some money in 10% stock at 96. If B wants to invest in an equality good 12% stock, he must purchase a stock worth of___________?

Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is___________?

A invested some money in 10% stock at 96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of__________?