Mr. A lends 40% of sum at 15% p.a. 50% of rest sum at 10% p.a. and the rest sum at 18% p.a. rate of interest. What would

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Q 2444512453.     Mr. A lends 40% of sum at 15% p.a. 50% of rest sum at 10% p.a. and the rest sum at 18% p.a. rate of interest. What would be the rate of interest, if the interest is calculated on the whole sum?
A

13.4% p.a

B

14.33% p.a

C

14.4% p.a.

D

13.33% p.a

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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