CUET · MATHS · PYQ PAPER 2025
A person invested ₹ \(2,50,000\) in a fund.
At the end of the year, the value of the fund is ₹ \(3,00,000\).
If the market price is the same at the end of the year, then the nominal rate of return is :
- A \(10 \%\)
- B \(15 \%\)
- C \(20 \%\)
- D \(12 \%\)
Answer & Solution
Correct Answer
(C) \(20 \%\)
Step-by-step Solution
Detailed explanation
Gain \(= 3,00,000 - 2,50,000 = 50,000\) Nominal rate of return \(= \frac{50,000}{2,50,000} \times 100\% = 20\%\)
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