Q99
A man invests half of his capital at the rate of 10% per annum, one - third at 9% and the rest at 12% per annum. The average rate of interest per annum, which he gets is = ?
A.
9%
B.
10%
AnswerC.
10.5%
D.
12%
Answer: Option B
Solution
Answer: Option B
Solution:
Let the total amount = Rs. 6Total average rate of interest