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Mr. X invested Rs.20,000 in year 2022 for 5 years. If Compound annual growth rate for that investment turned out to be 12%, the end value of the…

CUET UG 2023 — Mathematics Applied-Mathematics

2023mcqeasy

Mr. X invested Rs.20,000 in year 2022 for 5 years. If Compound annual growth rate for that investment turned out to be 12%, the end value of the investment will be : {Use (1.12)5=1.76(1.12)^5 = 1.76(1.12)5=1.76}

Official previous-year question

Held on 23 May 2023 · Verified 13 Jul 2026.

Options

  1. A

    Rs.26,000

  2. B

    Rs.30,000

  3. C

    Rs.22,400

  4. D

    Rs.35,200

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