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Ms. Sheela creates a fund of ₹ 1,00,000 for providing scholarships to needy children. The scholarship is provided in the beginning of the year. This…

CUET UG 2024 — Mathematics Statistics & Applications

2024mcqmedium

Ms. Sheela creates a fund of ₹ 1,00,0001,00,0001,00,000 for providing scholarships to needy children. The scholarship is provided in the beginning of the year. This fund earns an interest of r%r \%r% per annum. If the scholarship amount is taken as ₹ 8,0008,0008,000, then r=r=r=

Official previous-year question

Held on 16 May 2024 · Verified 13 Jul 2026.

Options

  1. A

    812%8 \frac{1}{2} \%821​%

  2. B

    81623%8 \frac{16}{23} \%82316​%

  3. C

    81725%8 \frac{17}{25} \%82517​%

  4. D

    825%8 \frac{2}{5} \%852​%

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