Category: Mathematics | Last updated: 2026-09-18

Profit in 5 years: 10L, 15L, 12L, 18L, 20L. Compound annual growth rate (approx) from year 1 to 5 is:

A) 15%

B) 18%

C) 19%

D) 20%

Explanation

CAGR = (20/10)^(1/4)-1 ≈ 0.189 ≈ 19%.

Practice More Mathematics Questions

Browse all questions