CUET Mathematics - Which of the following is not the specification of the Sinking Fund? | PYQs + Solutions

CUET Mathematics 2025 15 May Shift 1

Statistics & Applications

Medium

applied

It is a fixed term account.

It can be used in an emergency.

A fixed amount at regular intervals is deposited in the Sinking Fund.

It is set-up for a particular upcoming expense.

✅ Correct Option: 2

Related questions:

3 June Shift 2

A machine costing Rs.2,00,000 has a useful life of 5 years.The estimated scrap value is Rs.20,000. By using straight line method, the annual depreciation is

21 May Shift 2

Which of the following statements are correct?

(A) A fund which is created to accumulate money over the years to discharge a future obligation is called a sinking fund.

(B) The amount or future value of perpetuity is well-defined.

(D) An equated monthly installment is a fixed payment made by a borrower to a lender at a specific date every month to clear off the loan.

Choose the correct answer from the options given below:

2 June Shift 1

A machine costing Rs 50,000 has a useful life of 4 years.The estimated scrap value is Rs 10,000 . The rate of depreciation per annum is:

CUET Mathematics 2025 15 May Shift 1 PYQs

Keyboard Shortcuts