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Banking Interview Question:
Laura invests a part of Rs. 12,000 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. 4000
B. Rs. 4500
C. Rs. 5500
D. Rs. 6000
Submitted by: AdministratorA. Rs. 4000
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