CUET Mathematics - A vehicle has a scrap value of Rs 7,50,000 after 6 years of its purchase . If the annual depreciation charge is Rs 55,000, then the original cost of the vehicle is : | PYQs + Solutions

CUET Mathematics 2023 7 June Shift 1

Applied Mathematics

Easy

Rs 12,00,000

Rs 11,60,000

Rs 10,80,000

Rs 9,30,000

✅ Correct Option: 3

Related questions:

23 May Shift 3

Mr. X takes a personal loan of Rs.10,00,000 at the rate of 12% per annum for 6 years. Calculate his EMI by using flat rate method

11 Aug Shift 1

An asset costing Rs. 1,50,000 has a final scrap value of Rs. 25,000. If annual depreciation charge is Rs. 25,000, then useful life of the asset is :

15 June Shift 2

A person buys a flat for which he makes down payment of ₹ 7,50,000 and the balance is to be paid in 10 years by monthly instalments of ₹ 22,000 each. If the bank charges interest at the rate of 12% per annum, then the actual price of the flat using flat rate system is :

CUET Mathematics 2023 7 June Shift 1 PYQs

Keyboard Shortcuts