CUET Mathematics - An asset costing ₹ 1,50,000 is expected to have useful life of 5 years and scrap value of ₹ 30,000. Using linear depreciation method which of the following are TRUE? A. Annual depreciation is ₹ 24,000 B. Depreciation rate is 20% per annum C. Depreciation rate is 24% per annum D. Annual depreciation is ₹ 22,000 Choose the correct answer from the options given below: | PYQs + Solutions

CUET Mathematics 2026 25th May Shift 1

Statistics & Applications

Medium

applied

A and B only

A and C only

B and D only

B and C only

✅ Correct Option: 1

Related questions:

21st May Shift 2

Renu takes a loan of ₹12,00,000 with 12% annual interest for 10 years on flat rate basis..

Match the LIST-I with LIST-II

LIST-I		LIST-II
A. Principal of the loan		I. ₹14,40,000
B. Total interest on the principal		II. ₹26,40,000
C. EMI		III. ₹12,00,000
D. Total amount paid in 10 years		IV. ₹22,000

Choose the correct answer from the options given below:

25th May Shift 1

Consider an investment of ₹ 15,000 whose annual values are given below:

June 1, 2022	June 1, 2023	June 1, 2024	June 1, 2025
₹ 15,000	₹ 16,500	₹ 19,800	₹ 20,790

then the CAGR % is: (given $(1.386)^{1/3} = 1.115$ )

14 May Shift 1

The original value of an asset minus the accumulated depreciation at a given date is known as

CUET Mathematics 2026 25th May Shift 1 PYQs