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Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is:

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1. 

Rs. 9800 are invested partly in 9% stock at 75 and 10% stock at 80 to have equal amount of incomes. The investment in 9% stock is:

[A]. Rs. 4800
[B]. Rs. 5000
[C]. Rs. 5400
[D]. Rs. 5600

Answer: Option B

Explanation:

Let the investment in 9% stock be Rs. x.

Then, investment in 10% stock = Rs. (9800 - x).

9 x x = 10 x (9800 - x)
75 80
3x = 9800 - x
25 8

 24x = 9800 x 25 - 25x

 49x = 9800 x 25

 x = 5000.

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