CUET Mathematics - A measure of an average yearly growth of an investment over a certain time period when returns are reinvested is | PYQs + Solutions

CUET Mathematics 2025 15 May Shift 2

Statistics & Applications

Easy

applied

Compound annual growth rate

Annual average growth rate

Nominal rate

Linear depreciation rate

✅ Correct Option: 1

Related questions:

27 May Shift 1

Mohini purchases a house worth Rs. 50 lakhs and makes a down payment of Rs. 11.2 lakhs. She pays the remaining amount on monthly EMI using a reducing balance method. The bank charges 6% per annum compounded monthly for a tenure of 25 years. Her EMI is:

[Given: $(1.005)^{-300} \approx 0.224$ ]

16 May Shift 1

The fund created to accumulate money over the years to discharge a future obligation is known as:

2 June Shift 1

The effective rate per annum equivalent to a nominal rate of 8% compounded semi-annually is

CUET Mathematics 2025 15 May Shift 2 PYQs

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