Ashok invested in three types of shares, P, Q and R, of a company. He – InterviewSolution

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1.	Ashok invested in three types of shares, P, Q and R, of a company. He invested Rs.5000 and Rs.7500 in P and Q, respectively. He obtained rates of returns of 10%, 8% and 15% from P, Q and R, respectively. His annual income from the three types was a total of Rs.1550. How much did he invest in R? (in Rs.)
Answer» 2500 2000 3500 3000 Solution :(i) Let dthe investment of ASHOK be Rs.x in R and equate the total dividend to Rs.1550. (ii) Let the investment on SHARE R be Rs.x. (iii) `10%` of `5000+8%` of `7500+15%` of `x=1550`.

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