Out of Rs. 30,000, one-third is invested at 6%, one-half at 8% and the rest at 10% per annum simple interest. What is the total yearly interest?
Correct answer C. Rs. 2,300
Explanation
Parts: 10000 at 6% = 600, 15000 at 8% = 1200, 5000 at 10% = 500. Total = Rs. 2,300.
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