ExamBro
ExamBro
CUET · MATHS · PYQ PAPER 2025

Mrs Rathna invested Rs. 2 lakh in an enterprise for 5 years. Her compound annual growth rate (CAGR) turned out to be 20.5%. The end balance would be (given \((1.205)^5=2.54\) ):

  1. A Rs. 5.08 lakh
  2. B Rs. 4 lakh
  3. C Rs. 2.41 lakh
  4. D Rs. 22.05 lakh
Verified Solution

Answer & Solution

Correct Answer

(A) Rs. 5.08 lakh

Step-by-step Solution

Detailed explanation

\( FV = P (1 + r)^n \) \( FV = 2 \text{ lakh} \times (1 + 0.205)^5 \) \( FV = 2 \text{ lakh} \times (1.205)^5 \) \( FV = 2 \text{ lakh} \times 2.54 \) \( FV = 5.08 \text{ lakh} \)