CUET Mathematics 2024 Slot 1 (MAT) PYQs

A flower vase costs ₹ $36,000$. With an annual depreciation of ₹ $2,000$, its cost will be ₹ $6,000$ in _____ years.

A Multinational company creates a sinking fund by setting a sum of ₹ $12,000$ annually for $10$ years to pay off a bond issue of ₹ $72,000$. If the fund accumulates at $5 \%$ per annum compound interest, then the surplus after paying for bond is :

(Use $\left.(1.05)^{10} \approx 1.6\right)$

Ms. Sheela creates a fund of ₹ $1,00,000$ for providing scholarships to needy children. The scholarship is provided in the beginning of the year. This fund earns an interest of $r \%$ per annum. If the scholarship amount is taken as ₹ $8,000$, then $r=$