If a particular portfolio is invested as 40% Equities, 30% Debt, 20% Savings Scheme and 10% Cash. They each yield an annual return of 11%, -3%, 5% and 4% respectively. What is the return on the portfolio? (a) 5.7% (b) 6.3% (c) 0.49% (d) 4.9%
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Answer:
4.9%
Explanation:
(40%*11 + 30%*(-3) + 20%*5 + 4*10%)/100
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