Question

If a man receives on one-fourthof his capital 3% interest, on two-third 5% and on the remainder 11%, the precentage he receives on the whole is

Answer 1

The percentage he receives on the whole is 5 %.

Explanation:

Let the total capital = 1200

According to the question:

Total interest = (9 + 40 + 11) = 60

Required percentage:

=60 / 1200 × 100 = 5 %

Thus the percentage he receives on the whole is 5 %.

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At certain rate of simple interest rupees 4050 amount to rupees 457 6.50 in 2 years at the same rate of simple interest how much would rupees 100000 amount to in 3 years?

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