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Question 6

A business invested a total of N200,000 in two companies which paid dividends of 5% and 7% respectively. If he received a total of N11, 600 as dividend, how much did he invest at 5%?

  • A.N160, 000
  • B.N140, 000
  • C.N120, 000
  • D.N80, 000
Objective

Question details

Exam body
OAU
Subject
Mathematics
Year
2007/2007
Question no.
#6
Type
Objective
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