MCQOPTIONS
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MCQOPTIONS
| 1. |
A man sells Rs.5000, 12 % stock at 156 and uinvests the proceeds parity in 8 % stock at 90 and 9 % stock at 108. He hereby increases his income by Rs. 70. How much of the proceeds were invested in each stock? |
| A. | 3600(8%), 4200(9%) |
| B. | 4000(8%), 4200(9%) |
| C. | 3600(8%), 4000(9%) |
| D. | 4000(8%), 4000(9%) |
| Answer» B. 4000(8%), 4200(9%) | |