A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both, he must invest the money in the ratio:  Choose one:	A) 3:5	B) 2:1	C) 16:15	D) 4:5	E) None of these
Explanation:   For an income of Re. 1 in 9% stock at 96, investment = Rs. 96/9 = Rs.32/3   For an income Re. 1 in 12% stock at 120, investment = Rs. 120/12 = Rs. 10.   Ratio of investments =(32/3) : 10 = 32 : 30 = 16 : 15.   Answer: 16:15
<result>C</result>
A man invests some money partly in 9% stock at 96 and partly in 12% stock at 120. To obtain equal dividends from both, he must invest the money in the ratio: