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A sum of Rs 60,000 invested at r percent compounded quarterly will provide payment at rupees 600 each at the end of every three months , then the…

CUET UG 2023 — Mathematics Applied-Mathematics

2023mcqmedium

A sum of Rs 60,000 invested at r percent compounded quarterly will provide payment at rupees 600 each at the end of every three months , then the value of r is :

Official previous-year question

Held on 7 Jun 2023 · Verified 13 Jul 2026.

Options

  1. A

    8 %

  2. B

    4 %

  3. C

    2 %

  4. D

    5 %

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