Sakshi invests a part of Rs.12,000 in 12% stock at Rs. 120 and the rem – McqOptions

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1.	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. 5500
C.	Rs. 45000
D.	Rs. 6000
Answer» B. Rs. 5500

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