CUET Mathematics - Which of the following is correct about the Sinking Fund? | PYQs + Solutions

CUET Mathematics 2025 13 May Shift 1

Statistics & Applications

Easy

applied

It is a long-term account which can be closed any time.

It is set-up for a particular upcoming expense.

Any amount can be deposited in the sinking fund at any point of time.

It can be used in any emergency.

✅ Correct Option: 2

Related questions:

13 May Shift 1

If the total cost and total revenue of a company that produces and sells $x$ units of a particular product are $C(x) = 5x + 350$ and $R(x) = 50x - x^2$ respectively, then which of the following is/are the breakeven values:

(A) $x = 10$

(B) $x = 25$

(D) $x = 30$

Choose the correct answer from the options given below:

13 May Shift 2

Let $P$ and $n$ be the principal of the loan, the total interest on the principal and number of months in the loan period respectively, then the EMI by Flat Rate Method is:

30 May Shift 2

Ram wishes to purchase a house for ₹ 15,00,000 and made a down payment of ₹ 5,00,000. If he can amortize the balance at 9% per annum compounded monthly for 25 years, then his EMI is:

[Given (1.0075)^{300} ≈ 9.41]

CUET Mathematics 2025 13 May Shift 1 PYQs

Keyboard Shortcuts