CUET Mathematics 2026 22nd May Shift 2 PYQs

If $C$ is the original value of the asset, $S$ is the scrap value, n is the useful life of the asset and $D$ is the annual depreciation, then

Jemina invested ₹ 50,000 in a mutual fund in 2019. The value of the mutual fund increased to ₹ 80,000 in 2024. The percentage of CAGR (Compound Annual Growth Rate) of her investment is: [Use $(1.6)^{1/5} = 1.098$]

In 2001, a vehicle was purchased for ₹ 2 Lakh. In 2011, the scrap value of the vehicle became ₹ 50,000. What was the annual depreciation?