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ICSE Class 10 Answered

A man invests Rs.10400 in 6% shares at Rs. 104 and Rs. 11440 in 10.4% shares at Rs. 143. How much income would he get in all?
Asked by jaiswalsindhuli717 | 09 Feb, 2019, 01:08: PM
answered-by-expert Expert Answer
Income on Rs. 104
= 6% of Rs. 10400
= 6/100 x 10400
 
Income on
Rs 1 
=  6 x 10400/100 x 104
= Rs. 6

 
Income on
Rs. 143
= 10.4% of Rs. 11440
= 104/10 x 100 x 11440
=  104 x 1144/100
 
Income on Rs 1
= 104 x 1144/100 x 143
= 8 x 104/100
= 832/100
= 8.32
 
Total income earned by man = Rs. 6 + Rs. 8.32 = Rs. 14.32

Answered by Science Mate | 09 Feb, 2019, 04:28: PM

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