Dividend for each annum


Sakshi invests part of Rs. 12,000 in 12% stock at Rs. 120 and remainder in 15% stock at Rs. 125. If his total dividend for each annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?

A. Rs. 4000

B. Rs. 4500

C. Rs. 5500

D. Rs. 6000

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Mathematics: Dividend for each annum
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