CUET Mathematics - Which of the following statements about the Sinking Fund are correct? (A) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future capital expense. (B) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future repayment of a long-term debt. (C) It is set up for any purpose that it may serve. (D) It is a fund that is accumulated for the purpose of paying off a financial obligation at some future designated date. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Mathematics 2025 13 May Shift 2

Statistics & Applications

Medium

applied

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

✅ Correct Option: 1

Related questions:

27 May Shift 1

Ram had invested Rs. 15,000 in a mutual fund and the value of the investment at the time of redemption was Rs. 25,000. If the compound annual growth rate (CAGR) is 8.88%, then the number of years for which Ram has invested the amount is:

[Given: $\log 1.089 \approx 0.0370$ and $\log 1.667 \approx 0.2220$ ]

CUET Mathematics 2024 Slot 1

Match List-I with List-II:

List-I Property Type	List-II EMI amount (in ₹)
(A) P	(I) 25,600
(B) Q	(II) 38,400
(C) R	(III) 32,000
(D) S	(IV) 35,200

14 May Shift 2

A machine costing Rs. 25000 has a useful life of 4 years. The estimated scrap value is Rs. 5000. The annual depreciation by linear method is

CUET Mathematics 2025 13 May Shift 2 PYQs

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