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The present value of a perpetuity of Rs 1,200 payable at the beginning of each year, if the money is worth 5% effective, is:

CUET UG 2023 — Mathematics Applied-Mathematics

2023mcqmedium

The present value of a perpetuity of Rs 1,200 payable at the beginning of each year, if the money is worth 5% effective, is:

Official previous-year question

Held on 25 May 2023 · Verified 13 Jul 2026.

Options

  1. A

    Rs 24,000

  2. B

    Rs 12,500

  3. C

    Rs 12,000

  4. D

    Rs 25,200

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