CUET Mathematics - Which of the following is correct about the sinking fund? | PYQs + Solutions

CUET Mathematics 2026 30th May Shift 2

Statistics & Applications

Easy

applied

It is a long term account which can be closed any time.

It is opened to deposit surplus money which can be used for any future need.

A fixed amount is deposited in the sinking fund at predefined regular intervals.

Any amount at any time can be deposited in the sinking fund.

✅ Correct Option: 3

Related questions:

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 $(1.386)^{1/3} = 1.115$ )

30th May Shift 2

Scrap value of a machine is one-tenth of its actual cost. If the estimated life of the machine is ten years and the annual depreciation under linear method is ₹45000, then the cost of the machine is

30th May Shift 2

The fomula for calculating compound annual growth rate of an investment is:

[F.V = final value of the investment, P.V = starting value of the investment, n = investment period]

CUET Mathematics 2026 30th May Shift 2 PYQs

Keyboard Shortcuts