Question 14
A professional invests ₹50,000 in a mutual fund. After 3 years, the value of the investment is ₹75,000. What is the approximate CAGR (Compounded Annual Growth Rate)?
14.47%
16.67%
25.00%
10.50%
Question 14: A professional invests ₹50,000 in a mutual fund. After 3…
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Correct answer
14.47%
Question 14 of 22 in the IIT Madras BS Strategies for Professional Growth (SPG) Quiz 2 paper sat on 12 Apr 2026, in the January 2026 term (Strategies For Professional Indian Institute Of Technology, Madras - Bs In Data Science And Applications Growth 07 Apr 26). It carries 1 mark.
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