2024 Slot 1 - Ms. Sheela creates a fund of ₹ 1,00,000 for providing scholarships to needy children. The scholarship is provided in the beginning of the year. This fund earns an interest of r \% per annum. If the scholarship amount is taken as ₹ 8,000, then r= | PYQs + Solutions

2024 Slot 1

Statistics & Applications

Medium

$8 \frac{1}{2} \%$

$8 \frac{16}{23} \%$

$8 \frac{17}{25} \%$

$8 \frac{2}{5} \%$

✅ Correct Option: 2

Related questions:

For which one of the following purposes is CAGR (Compounded Annual Growth Rate) not used ?

A flower vase costs ₹ $36,000$ . With an annual depreciation of ₹ $2,000$ , its cost will be ₹ $6,000$ in $_____$ years.

Match List-I with List-II:

2024 Slot 1 PYQs