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General loans: Rs 4 lakh at 10% and Rs 6 lakh at 15%. Weighted capitalisation rate?

A12.5%
B14%
C13%
D11.5%
Answer & Solution
Correct answer: C. 13%
Interest is 40,000 plus 90,000, which is 1,30,000 on 10,00,000 of loans, giving 13%.
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