A person invested ₹ 20000 in a mutual fund in year 2018. The value of the mutual fund increased to ₹ 32000 in year 2023. The compound annual growth…
CUET UG 2025 — Mathematics Statistics & Applications
A person invested ₹ 20000 in a mutual fund in year 2018. The value of the mutual fund increased to ₹ 32000 in year 2023. The compound annual growth rate of his investment is:
[Given that (1.6)1/5=1.098]
Held on 13 May 2025 · Verified 13 Jul 2026.
Options
- A
9.8%
- B
8.7%
- C
10 %
- D
7.8 %
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