Home » Mathematics MCQs » 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?

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?

by Safina Batool

A. 6%

B. 6.2%

C. 6.3%

 D. 6.4% 

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