9
Q:
A) 0.625% | B) 1.205% |
C) 0.987% | D) 0% |
Answer: A) 0.625%
Explanation:
Explanation:
From the given data,
let the amounts invested be 4p, 5p and 3p
Net profit = Total profit - Total loss
= 10x5p/100 + 25x3p/200 - 20x4p/100
= 0.875p - 0.8p
= 0.075p
Therefore, profit% = (Net profit/Total investment) x 100
= 0.075 x 100/12
= 0.0625%