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Mr. Mittal invested Rs. 20,000 in a mutual fund in the year 2019. The value of the mutual fund increased to Rs. 32,000 in the year 2024. The compound…

CUET UG 2025 — Mathematics Statistics & Applications

2025mcqmedium

Mr. Mittal invested Rs. 20,000 in a mutual fund in the year 2019. The value of the mutual fund increased to Rs. 32,000 in the year 2024. The compound annual growth rate of his investment is:

[Given (1.6)1/5=1.098(1.6)^{1/5} = 1.098(1.6)1/5=1.098]

Official previous-year question

Held on 19 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    8.5%

  2. B

    10%

  3. C

    9.8%

  4. D

    9.1%

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