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Stocks A, B and C are priced at rupees 120, 90 and 150 per share, respectively. A trader holds a portfolio consisting of 10 shares of stock A, and 20 shares of stocks B and C put together. If the total value of her portfolio is rupees 3300, then the number of shares of stock B that she holds, is

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Solution

✅ Correct Answer: 15

Stock A is priced at Rs. 120 per share, Stock B at Rs. 90, and Stock C at Rs. 150.

The trader holds 10 shares of A, and 20 shares of B and C combined, with a total portfolio value of Rs. 3300.

Let the number of shares of B =x= x

Then the number of shares of C =20−x= 20 - x


Value from Stock A =120×10=1200= 120 \times 10 = 1200

Remaining value from B and C =3300−1200=2100= 3300 - 1200 = 2100


90x+150(20−x)=210090x + 150(20 - x) = 2100

90x+3000−150x=210090x + 3000 - 150x = 2100

−60x+3000=2100-60x + 3000 = 2100

−60x=−900-60x = -900

x=−900−60x = \dfrac{-900}{-60}

x=15x = 15


The number of shares of Stock B =15= 15

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