CUET Mathematics - An investment of ₹ 3,00,000 becomes ₹ 4,50,000 in 5 years, then the compound annual growth rate (CAGR) is equal to: [Given that: (1.5)^1/5 = 1.084] | PYQs + Solutions

CUET Mathematics 2025 30 May Shift 2

Statistics & Applications

Medium

applied

11%

10%

8.4 %

3.3%

✅ Correct Option: 3

Related questions:

21 May Shift 2

Which of the following statements are correct?

(A) A fund which is created to accumulate money over the years to discharge a future obligation is called a sinking fund.

(B) The amount or future value of perpetuity is well-defined.

(D) An equated monthly installment is a fixed payment made by a borrower to a lender at a specific date every month to clear off the loan.

Choose the correct answer from the options given below:

3 June Shift 2

A machine costing Rs.2,00,000 has a useful life of 5 years.The estimated scrap value is Rs.20,000. By using straight line method, the annual depreciation is

3 June Shift 2

Mr. Vishnu has an initial investment of Rs.80,000 in an investment plan. After 3 years, it has grown to Rs.1,00,000, then his rate of return is

CUET Mathematics 2025 30 May Shift 2 PYQs

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