The rate of returns from three different shares are 100%, 200% and 300%respectively. The average rate of retuen will be.(a) 350%(b) 233.33%(c) 200%(d) 300%
Question
Solution 1
To find the average rate of return, you add up all the rates of return and then divide by the number of rates.
Step 1: Add up the rates of return. 100% + 200% + 300% = 600%
Step 2: Divide the total by the number of rates. 600% / 3 = 200%
So, the average rate of return is 200%. Therefore, the an Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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