CUET Mathematics - The amount of money needed to ensure for a prize of ₹ 5000 at the begining of each year indefinitely if money is worth 5% compounded annually is: | PYQs + Solutions

CUET Mathematics 2025 2 June Shift 1

Statistics & Applications

Medium

applied

₹ 1,07,500

₹ 1,10,000

₹ 1,02,500

₹ 1,05,000

✅ Correct Option: 4

Related questions:

30 May Shift 1

The scrap value of a machine costing ₹ 75,000 after 4 years of use is ₹ 25000. Using straight line method the annual depreciation of the machine is:

21 May Shift 2

Which of the following is not correct about the Compound Annual Growth Rate (CAGR)?

22 May Shift 2

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

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

Choose the correct answer from the options given below:

CUET Mathematics 2025 2 June Shift 1 PYQs

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