The probability of return from X and Y is as follows: For X (a) 20% probability of earning Rs 600 (b) 40% probability of earning Rs 800 (c) 30% probability of earning Rs 500 (d) 10% probability...

The probability of return from X and Y is as follows:

For X

(a) 20% probability of earning Rs 600

(b) 40% probability of earning Rs 800

(c) 30% probability of earning Rs 500

(d) 10% probability of earning Rs 1000

For Y

(a) 20% probability of earning Rs 1000

(b) 40% probability of earning Rs 400

(c) 30% probability of earning Rs 900

(d) 10% probability of earning Rs 1500

The investment is in the ratio of 60:40 respectively in X and Y. Find out the portfolio return and risk.