An investor earns 3\% return on 1/4 of his capital, 5\% on 2/3 and 11\% on the remainder. What is the average rate of return he earns on his total capital? (M.A.T., 2008)

ABC26GN2130 · Percentage

Subject: General Aptitude · Chapter: Percentage · Exam: 2008 · Marks: · Difficulty:

An investor earns 3\% return on $\frac{1}{4}$ of his capital, 5\% on $\frac{2}{3}$ and 11\% on the remainder. What is the average rate of return he earns on his total capital? (M.A.T., 2008)

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