Question
Sneha invests half of her capital at the rate of 6% p.a., one third at 11% p.a., and the rest at 26% p.a., all at simple interest. The average interest rate which she gets at the end of a year is 'y%' p.a. Find the value of 'y'.
Therefore, the required value of 'y' = 11.More Simple and compound interest Questions
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