FOUNDATION EXAMINATION: SEPTEMBER 2025Foundation
Ms. Y invested ₹ 2,00,000 in a mutual fund equity scheme. She redeemed entire investment after 96 months and received ₹ 6,00,000 after redemption. What was the Compound Annual Growth Rate (CAGR) in percentage? (Given: 1.1472⁴ =1.732)
A
(A) 14.72
B
(B) 15.72
C
(C) 13.72
D
(D) 12.72