CUET · MATHS · PYQ PAPER 2025
A person has an initial investment of \(25000\) in an investment plan. After \(2\), years it has grown \(30000\), then the rate of return on his investment is:
- A \(10\)%
- B \(25\)%
- C \(20\)%
- D \(15\)%
Answer & Solution
Correct Answer
(C) \(20\)%
Step-by-step Solution
Detailed explanation
Rate of return \(= \frac{30000 - 25000}{25000} \times 100\%\) \(= \frac{5000}{25000} \times 100\%\) \(= 0.2 \times 100\%\) \(= 20\%\)
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