CUET · MATHS · PYQ PAPER 2025
At \(6 \%\) converted quarterly, the present value of a perpetuity of ₹ 900 payable at the end of each quarter is :
- A ₹ 40000
- B ₹ 42000
- C ₹ 60000
- D ₹ 6000
Answer & Solution
Correct Answer
(C) ₹ 60000
Step-by-step Solution
Detailed explanation
\( r = \frac{0.06}{4} = 0.015 \) \( PV = \frac{900}{0.015} = 60000 \)
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