CUET Mathematics - The original value of an asset minus the accumulated depreciation at a given date is known as | PYQs + Solutions

CUET Mathematics 2025 14 May Shift 1

Statistics & Applications

Easy

applied

Salvage value

Book value

Scrap value

Lost Value

✅ Correct Option: 2

Related questions:

14 May Shift 1

A sofa set costing ₹ 36000 has a useful life of 10 years. If the annual depreciation is ₹ 3000, then the scrap value by linear method is:

3 June Shift 1

A man plans to take a housing loan of Rs 99,53,000 from a bank costing 18% per annum compounded monthly. The loan is to be paid back in 30 years in equal monthly installments (EMI). The EMI by reducing balance method is:

[Given $(1.015)^{-360} = 0.0047$ ]

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Choose the correct statement about Sinking Fund?

CUET Mathematics 2025 14 May Shift 1 PYQs

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