A man invests Tk. 8,100 partly in 14% stock at 294 and partly in 12% stock at 288. If his income from both is the same, find his investment in the 14% stock.

Question: A man invests Tk. 8,100 partly in 14% stock at 294 and partly in 12% stock at 288. If his income from both is the same, find his investment in the 14% stock.

Solution:
Let he invests x at 14% stock.
x Investment at 12% stock = 8100 - x
As income is same.
x × (14/100) × (1/294) = (8100 - x) × (12/100) × (1/288)
⇒ x/2100 = (8100 - x)/2400
⇒ x = {(8100 - x)/2400} × 2100
⇒ 24x = 170100 - 21x
⇒ 45x = 170100
∴ x = 3780 Tk