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Section C (4 Mark)Read the senario and answer to the question.

Section C (4 Mark)

Read the senario and answer to the question.

Raman has invested Rs. 1,50,000, 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. 13.17%

B.

Rs. 12.90%

C.

Rs. 11.59%

D.

Rs. 12.57%

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