Gopal bought two types of shares P and Q, of a company at their face values. The dividend rates provided by P and Q are 9% and 12%, respectively. Gopal received an annual dividend of Rs.4500 more from P than from Q. Which of the following can be the ratio of his investments in P and Q?

Gopal bought two types of shares P and Q, of a company at their face v

1.	Gopal bought two types of shares P and Q, of a company at their face values. The dividend rates provided by P and Q are 9% and 12%, respectively. Gopal received an annual dividend of Rs.4500 more from P than from Q. Which of the following can be the ratio of his investments in P and Q?
Answer» `6:5` `5:4` `4:3` `2:1` SOLUTION :(i) The RATIO of rate of dividents on P and Q is `3:4` (ii) If the ratio of investments on P and Q is `4:3`, dividend is same on both P and Q. (iii) Therefore, required INVESTMENT MUST be more than `4:3` for the given condition. (iv) Check the options to GET the ratio which is more than `4:3`.