Correct Answer
✅ Option c — ₹ 94,345.17
All Options:
- A₹ 13,683.60
- B₹ 9,742.29
- C₹ 94,345.17
- D₹ 74,158.24
About This Chapter: Mathematics of Finance
Paper
Paper 3: Quantitative Aptitude
Weightage
12-16 Marks
Key Topics
Simple & Compound Interest, Annuity, Perpetuity
The most important mathematical chapter in the entire syllabus. It covers Simple Interest (SI), Compound Interest (CI), Nominal vs Effective rates, Present and Future Value, Annuities (Ordinary and Due), Sinking Funds, and Perpetuities. The concepts learned here are applied heavily in CA Intermediate and Final.
View Official ICAI SyllabusExam Strategy Tip
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