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CUET
-- Mathematics - Section B2
Financial Mathematics
Aman made an investment of ₹ 2,00,000 in a no-fee fund for 1 year. At the end of year the value of investment increases to ₹ 2,50,000. Then nominal rate of return is:
25%
20%
23%
26%
The correct answer is Option (1) → 25%