CUET Mathematics 2026 12th May Shift 2 PYQs

On 1st April 2024, person 'X' purchased a machinery costing ₹ 65000 and spent ₹ 10000 on its installation. The estimated effective life of the machinery is 5 years with a scrap value of ₹ 10000. The annual depreciation using the straight-line method with the accounting year ending on 31st March 2025 is:

If $r_{eff}$ = effective rate of interest, $r$ = nominal rate of interest and $m$ = number of conversion periods per year, the relationship between nominal rate and effective rate of interest is:

At what rate of interest will the present value of a perpetuity of ₹ 500 payable at the end of every 6 months be ₹ 20,000?