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Stocks and Shares Practice Test 2
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© examsnet.com
Question : 2
Total: 36
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
84
x
=
5
90
y
x
y
=
5
90
×
84
6
x
:
y
:
:
7
:
9
Mukul must invest in the ratio of 7 : 9.
© examsnet.com
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