Syam invests apart of Rs. 12,000 in 12% stock at Rs. 120 and the re – McqOptions

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1.	Syam invests apart of Rs. 12,000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. It his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
A.	4000
B.	5000
C.	6000
D.	7000
Answer» B. 5000

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