Anuj has some extra money which he decides to lend on interest. He lends 40% of the money at a rate of 15% p.a., half of the remaining money at 10% pa and all the money left at 18% p.a. If the interest was calculated on the complete amount he lent, find the rate of interest.

Anuj has some extra money which he decides to lend on interest. He len

1.	Anuj has some extra money which he decides to lend on interest. He lends 40% of the money at a rate of 15% p.a., half of the remaining money at 10% pa and all the money left at 18% p.a. If the interest was calculated on the complete amount he lent, find the rate of interest.
A.	13.4% p.a.
B.	13.33% p.a.
C.	14.4% p.a.
D.	14.33% p.a.
Answer» D. 14.33% p.a.

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Anuj has some extra money which he decides to lend on interest. He lends 40% of the money at a rate of 15% p.a., half of the remaining money at 10% pa and all the money left at 18% p.a. If the interest was calculated on the complete amount he lent, find the rate of interest.

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