Sam invested ₹ 12,000 for 10 years in a financial company. At the end of 10 th year his investment value is ₹ 18,000. Then the Compound Annual…

CA Foundation · Quantitative Aptitude · PYQS · January 2025
Sam invested ₹ 12,000 for 10 years in a financial company. At the end of 10 th year his investment value is ₹ 18,000. Then the Compound Annual Growth Rate (CAGR) is if (x) 1/n = 1.0413
(A) A. 4.13%
(B) B. 41.40%
(C) C. 11.56%
(D) D. 12.06%

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 4.13%

Topics: Part-A: Business Mathematics

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