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MEDIUM
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Mathematics
Masood invests a part of Rs. 12000 in 12% stock at Rs. 120 and the remainder in 15% stock at Rs. 125. If his total dividend per annum is Rs. 1360, how much does he invest in 12% stock at Rs. 120?
A
Rs. 4500
Option A
B
Rs. 6000
Option B
C
Rs. 5500
Option C
Rs 4000
Correct answer
Correct answer: D
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