Concept:
When equal distances are covered with different velocities \(v_1\) and \(v_2\), the average velocity is the harmonic mean:
\[
v_{\text{avg}}
=
\frac{2v_1v_2}{v_1+v_2}.
\]
Step 1: Assume the total distance is \(2d\).
Then,
\[
\text{First half distance}=d,
\qquad
\text{Second half distance}=d.
\]
Velocity during first half:
\[
V.
\]
Velocity during second half:
\[
3V.
\]
Step 2: Calculate the total time taken.
Time for first half:
\[
t_1=\frac{d}{V}.
\]
Time for second half:
\[
t_2=\frac{d}{3V}.
\]
Therefore,
\[
T=t_1+t_2
=
\frac{d}{V}+\frac{d}{3V}
=
\frac{4d}{3V}.
\]
Step 3: Calculate the average velocity.
Total distance travelled:
\[
2d.
\]
Hence,
\[
v_{\text{avg}}
=
\frac{\text{Total Distance}}
{\text{Total Time}}
=
\frac{2d}{\frac{4d}{3V}}.
\]
\[
=
\frac{3V}{2}.
\]
\[
=1.5V.
\]
Therefore,
\[
\boxed{v_{\text{avg}}=\frac{3V}{2}=1.5V}
\]
\[
\boxed{\text{Answer = (D)}}
\]