A man invests some money partly in 12% stock at 105 and partly in 8% stock at 88. To obtain equal dividends from both, he must invest the money in the ratio:	Answers: A) 31 : 44 B) 31 : 27 C) 16 : 15 D) 35 : 44 E) 35 :27
n case of stock1, if he invest Rs.105, he will get a dividend of Rs.12 (assume face value = 100)   In case of stock2, if he invest Rs.88, he will get a dividend of Rs.8 (assume face value = 100)   ie, if he invest Rs.(88*12)/8, he will get a dividend of Rs.12   Required ratio = 105 : (88 × 12)/8 = 105 : (11 × 12) = 35 : (11 × 4) = 35 : 44   Answer : Option 35 : 44
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A man invests some money partly in 12% stock at 105 and partly in 8% stock at 88. To obtain equal dividends from both, he must invest the money in the ratio: