Q25.(a) Assume an investment’s starting value is ₹20,000 and it grows to ₹ 50,000 in 3 years. Calculate CAGR (Compounded Annual Growth Rate) [Use : (2.5)^1/3 = 1.355]

OR

A man bought an item for ₹ 12,000. At the end of the year, he decided to sell it for ₹15,000. If the inflation rate was 6%, find the nominal and reacrate of return.

Solution