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Do not invest in stocks IF......

Do not invest in stocks IF...

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Define stocks.

Ravi invested Rs 913partly in 4% stock at Rs 97 and partly in 5% stock at Rs107. If his income from both is equal: find the amount invested in each stock.

Sakshi invests a part of Rs 12,000 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? (a) Rs 4000 (b) Rs 4500 (c) Rs 5500 (d) Rs 6000

A person invests Rs 5508 in 4% stock at 102. He afterwards sells out at 105 and reinvests in 5% stock at 126. What is the change in his income? (a) Rs 7 (b) Rs 9 (c) Rs 10 (d) Rs 20