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Divide 40608 rs into two parts such that...

Divide `40608 rs` into two parts such that if one part is invested in `8% 100rs` shares at `8%` discount and the other part is invested in `9% Rs 100` shares at `8%` premium , the annual incomes from both the investments are equal.

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To solve the problem of dividing ₹40,608 into two parts such that the annual incomes from both investments are equal, we can follow these steps: ### Step-by-Step Solution: 1. **Let the two parts be defined**: - Let the first part be \( x \). - Therefore, the second part will be \( 40,608 - x \). 2. **Calculate the effective investment for the first part**: - The first part \( x \) is invested in 8% shares at an 8% discount. - The market price of the shares is \( 100 - 8 = 92 \) (since there is an 8% discount). - The annual income from this investment can be calculated as: \[ \text{Income from first part} = \left( \frac{x}{92} \right) \times 8 = \frac{8x}{92} = \frac{2x}{23} \] 3. **Calculate the effective investment for the second part**: - The second part \( 40,608 - x \) is invested in 9% shares at an 8% premium. - The market price of the shares is \( 100 + 8 = 108 \) (since there is an 8% premium). - The annual income from this investment can be calculated as: \[ \text{Income from second part} = \left( \frac{40,608 - x}{108} \right) \times 9 = \frac{9(40,608 - x)}{108} = \frac{3(40,608 - x)}{36} = \frac{3(40,608 - x)}{36} \] 4. **Set the incomes equal**: - According to the problem, the incomes from both investments are equal: \[ \frac{2x}{23} = \frac{3(40,608 - x)}{36} \] 5. **Cross-multiply to eliminate the fractions**: - Cross-multiplying gives: \[ 2x \times 36 = 3(40,608 - x) \times 23 \] - Simplifying this: \[ 72x = 3(40,608 \times 23 - 23x) \] 6. **Distribute and simplify**: - Expanding the right side: \[ 72x = 121824 - 69x \] - Combine like terms: \[ 72x + 69x = 121824 \] \[ 141x = 121824 \] 7. **Solve for \( x \)**: - Dividing both sides by 141: \[ x = \frac{121824}{141} = 864 \] 8. **Calculate the second part**: - The second part is: \[ 40,608 - x = 40,608 - 864 = 39,744 \] ### Final Answer: - The first part is ₹8,864. - The second part is ₹39,744.
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ICSE-SHARES AND DIVIDENDS-Exercise 3(C )
  1. Divide 40608 rs into two parts such that if one part is invested in 8%...

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  2. By investing 45000rs in 10% 100rs shares, Shared gets 3000rs as divide...

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  3. Mrs. Kulkarni invests 131040rs in buying 100rs shares at a discount of...

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  4. A man invests a certain sum in buying 15% 100rs shares at 20% premium....

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  5. Gagan invested 80% of his savings in 10% 100rs shares at 20% premium a...

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  6. Ashwarya bought 496, 100rs shares at 132rs each. Find (i) investment...

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  7. Gopal has some 100rs shares of company A, paying 10% dividend. He sell...

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  8. A man invests a certain sum of money in 6% hundread rupee shares at 12...

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  9. Mr. Gupta has a choice to invest in ten-rupee shares of two firms at 1...

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  10. Ashok invested 26400rs in 12% , 25rs shares of a company. If he receiv...

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  11. A man invested 45000rs in 15% 100rs shares quoted at 125rs. When the M...

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  12. Mr. Tiwari invested 29040rs in 15% 100rs shares quoted at a premium of...

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  13. A dividend of 12% was declared on 150rs shares selling at a certain pr...

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  14. Divide 50760rs into two parts such that if one part is invested in 8% ...

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  15. Mr. Shameem invested 33.(1)/(3)% of his savings in 20% 50rs shares quo...

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  16. Vivek invests 4500rs in 8% 10rs shares at 15rs. He sells the shares wh...

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  17. Mr.Parkeh invested 52000 on 100rs shares at a discount of 20rs paying ...

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  18. Salman buys 50 shares of face value 100rs available at 132rs (i) Wha...

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  19. Salman invests a sum of money in 50rs shares paying 15% dividend quote...

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  20. Rohit invested 9600rs on 100rs shares at 20rs premium paying 8% divid...

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  21. How much should a man invest in 50rs shares selling at 60rs to obtain ...

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