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Rs. 2780 are invested party in 4% stok a...

Rs. 2780 are invested party in `4%` stok at 75 and `5%` stock at 80 to have equal amount of incomes . The investment in `5%` stock is

A

Rs 1500

B

Rs 1280

C

Rs 1434.84

D

Rs 1640

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find out how much is invested in the 5% stock given that the total investment is Rs. 2780 and the incomes from both stocks are equal. ### Step-by-Step Solution: 1. **Let the Investment in 4% Stock be \( n \)**: - We denote the amount invested in the 4% stock as \( n \). - Therefore, the investment in the 5% stock will be \( 2780 - n \). 2. **Calculate the Income from 4% Stock**: - The income from the 4% stock can be calculated using the formula: \[ \text{Income from 4% Stock} = \frac{4}{100} \times n \div \frac{75}{100} = \frac{4n}{75} \] 3. **Calculate the Income from 5% Stock**: - The income from the 5% stock can be calculated as: \[ \text{Income from 5% Stock} = \frac{5}{100} \times (2780 - n) \div \frac{80}{100} = \frac{5(2780 - n)}{80} \] 4. **Set the Incomes Equal**: - According to the problem, the incomes from both stocks are equal: \[ \frac{4n}{75} = \frac{5(2780 - n)}{80} \] 5. **Cross-Multiply to Solve for \( n \)**: - Cross-multiplying gives us: \[ 4n \times 80 = 5(2780 - n) \times 75 \] - Simplifying this: \[ 320n = 5 \times 75 \times 2780 - 375n \] - Combine like terms: \[ 320n + 375n = 5 \times 75 \times 2780 \] \[ 695n = 5 \times 75 \times 2780 \] 6. **Calculate \( n \)**: - First, calculate \( 5 \times 75 \times 2780 \): \[ 5 \times 75 = 375 \] \[ 375 \times 2780 = 1042500 \] - Now, solve for \( n \): \[ n = \frac{1042500}{695} \approx 1500 \] 7. **Find the Investment in 5% Stock**: - Now that we have \( n \), we can find the investment in the 5% stock: \[ \text{Investment in 5% Stock} = 2780 - n = 2780 - 1500 = 1280 \] ### Final Answer: The investment in the 5% stock is **Rs. 1280**.
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