An investor earns 3% return on 1/4th of his capital, 5% on 2/3rd and 1 – McqOptions

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1.	An investor earns 3% return on 1/4th of his capital, 5% on 2/3rd and 11% on the remainder. What is the average rate of return he earns on his total capital?
A.	10%
B.	5%
C.	5.5%
D.	10.5%
Answer» C. 5.5%

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