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Geetansh invested ₹27,000 and it grows to ₹81,000 in 2 years. The CAGR % will be:

Solution

✅ Correct Option: 3

CAGR =(8100027000)1/2−1=3−1≈0.732= \left(\dfrac{81000}{27000}\right)^{1/2} - 1 = \sqrt3 - 1 \approx 0.732.

As a percentage this is about 73.2%73.2\%.

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