The overall rate of return on $250,000 investment that returns 25% on the first $100,000 and 15% on the remaining $150,000 is closest to?

Question

1.     The overall rate of return on $250,000 investment that returns 25% on the first $100,000 and 15% on the remaining $150,000 is closest to?

(a)   22%           (b) 27%          (c)   19%         (d)   16.5%

Answer 1

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