A man has Rs. 10,000 to invest. He invests Rs. 4000 at 5% and Rs. 3500 at 4%. In order to have a yearly income of Rs. 500, he must invest the remaining Rs. 2500 at what rate of interest?
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Math
Answer:
A man has Rs. 10,000 to invest. He invests Rs. 4000 at 5% and Rs. 3500 at 4%. In order to have a yearly income of Rs. 500, he must invest the remaining Rs. 2500 at what rate of interest 6.4%.
