Mathematics · Simple Interest
A man invested Rs. 50,000 at simple interest in three parts: one-third at 6% p.a. and one-third at 7% p.a. At what rate must he invest the remaining amount so that he earns 8% interest per annum on the total amount?
- 110%
- 211%✓
- 39%
- 412%
Correct answer
11%
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