Question

At what Compound Annual Growth Rate (CAGR) in terms of

Q: Answer-At what Compound Annual Growth Rate (CAGR) in terms of volume did Unified Payments Interface (UPI) t...

The Unified Payments Interface UPI transactions have grown from 92 crore in FY 2017-18 to 8,375 crore in FY 2022-23 at a Compound Annual Growth Rate CAGR of 147 percent in terms of volume. The UPI transactions have achieved 8,572 crore transactions during the current financial year till December 11.

volume did Unified Payments Interface (UPI) transactions increase from 92 crores in FY 2017-18 to 8,375 crores in FY 2022-23?

A 103 %

B 115 %

C 123 %

D 147 %

E 151%

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Solution