CUET Mathematics - Let r_e denote the effective rate corresponding to the nominal rate r, compounded m times in a year. Let P be the principal and rate per conversion period is i=r/m, then effective rate of interest is: | PYQs + Solutions

CUET Mathematics 2026 22nd May Shift 2

Statistics & Applications

Easy

applied

$r_e = P\left(1+\frac{r}{m}\right)^m - 1$

$r_e = \left(1+\frac{r}{m}\right)^m + 1$

$r_e = \left(1-\frac{r}{m}\right)^m - 1$

$r_e = \left(1+\frac{r}{m}\right)^m - 1$

✅ Correct Option: 4

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CUET Mathematics 2026 22nd May Shift 2 PYQs