What is the expected percentage rate of return?

Ramesh has invested Rs. 70,000, 30% of which is invested in Company A, which has an expected rate of return of 15%, and 70% of which is invested in Company B, with an expected return of 12%.

What is the expected percentage rate of return?
A . Rs. 13.87%
B . Rs. 12.90%
C . Rs. 13.40%
D . Rs. 13.17%

View Answer

Answer: B