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If a man receives on one-fourth of his capital 3% interest, on two third 5% and on the remainder 11%, the percentage he receives on the whole is
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- 4.5%
- 5%
- 5.5%
- 5.2%
- 4.5%
Correct Option: B
According to question , we have
Required percent = | × 3 + | × 5 + | 1 - | - | × 11 | ||||||
4 | 3 | 4 | 3 |
Required percent = | + | + | = | = 5% | ||||
4 | 3 | 12 | 12 |