At what rate of interest will the presen - CUETMOCK

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Home Questions MKWVU3JQ2F

Target Exam

CUET

Subject

-- Mathematics - Section B1

Chapter

Applications of Derivatives

Question:

At what rate of interest will the present value of a perpetuity of ₹1,000 payable at the end of every 6 months be ₹20,000 ?

Options:

15%

10%

20%

5%

Correct Answer:

10%

CUET Questions