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If the cash equivalent of a perpetuity of Rs.1200 payable at end of each half year is Rs.96,000, the annual rate of interest compounded half yearly…

CUET UG 2023 — Mathematics Applied-Mathematics

2023mcqmedium

If the cash equivalent of a perpetuity of Rs.1200 payable at end of each half year is Rs.96,000, the annual rate of interest compounded half yearly is :

Official previous-year question

Held on 23 May 2023 · Verified 13 Jul 2026.

Options

  1. A

    5%

  2. B

    2.5%

  3. C

    3%

  4. D

    4.5%

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