CUET · MATHS · PYQ PAPER 2025
A person invested ₹ \(10000\) in a stock of a company for \(6\) years.
The value of his investment at the end of each year is given below:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| ₹11000 | ₹11500 | ₹13000 | ₹11800 | ₹12200 | ₹14000 |
[Given (1.4) \({ }^{\frac{1}{8}}=1.058\) ]
- A \(5.8\%\)
- B \(4.2\%\)
- C \(6.8\%\)
- D \(3.2\%\)
Answer & Solution
Correct Answer
(A) \(5.8\%\)
Step-by-step Solution
Detailed explanation
\( \text{CAGR} = \left( \frac{\text{FV}}{\text{PV}} \right)^{\frac{1}{n}} - 1 \) \( \text{CAGR} = \left( \frac{14000}{10000} \right)^{\frac{1}{8}} - 1 \) \( \text{CAGR} = (1.4)^{\frac{1}{8}} - 1 \) \( \text{CAGR} = 1.058 - 1 \) \( \text{CAGR} = 0.058 = 5.8\% \)
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