CUET Mathematics 2025 2 June Shift 1 PYQs

A machine costing ₹ 36000 has an effective life of 5 years with scrap value of ₹ 5000 following a linear method of depreciation. Which of the following statements are correct?

(A) The value of the machine after 1 year is ₹ 31000

(B) The value of the machine after 2 years is ₹ 23600

(C) The value of the machine after 3 years is ₹ 18400

(D) The value of the machine after 4 years is ₹ 11200

Choose the correct answer from the options given below:

Ramesh plans to save some amount required after 10 years for higher studies of his son. He expects the cost of these studies to be Rs.1,00,000. How much should he save at the beginning of each year to accumulate this amount at the end of 10 years, if the interest rate is 12% compounded annually. (Given $(1.12)^{-1}=3.477$)

Mr. Jayesh plans to save amount for higher studies of his daughter, required after 10 years. How much amount should he save at the beginning of each year to accumulate Rs.1,00,000 at the end of 10 years. If rate of interest is 12% compounded annually? [Given $(1.12)^{11} = 3.5$]