CUET Mathematics - A bike costs ₹85,000 and has a useful life of 15 years. If the scrap value of the bike after 15 years is ₹10,000, then the book value of the bike at the end of the tenth year is | PYQs + Solutions

CUET Mathematics 2026 21st May Shift 1

Statistics & Applications

Easy

applied

₹25,000

₹35,000

₹45,000

₹30,000

✅ Correct Option: 2

Related questions:

12th May Shift 2

Identify the formula used for List I from List II

Match List-I with List-II

List-I	List-II
(A) Present value of perpetuity payable at the end of each payment period	(I) $R+\dfrac{R}{i}$ (₹R payable at the beginning of each payment period, $i$ = interest per rupee per payment period)
(B) Present value of perpetuity payable at the beginning of each payment period	(II) $\left(\dfrac{V_n}{V_0}\right)^{1/n}-1$ , $V_n$ = Final value of investment, $V_0$ = Beginning value of the investment, $n$ = number of years
(C) Computation of CAGR	(III) $\dfrac{C-s}{n}$ , $C$ = Original cost, $s$ = Scrap value, $n$ = number of years
(D) Annual Depreciation	(IV) $\dfrac{R}{i}$ (₹R payable at the end of each period, $i$ = interest per rupee per payment period)

Choose the correct answer from the options given below:

3 June Shift 1

A man plans to take a housing loan of Rs 99,53,000 from a bank costing 18% per annum compounded monthly. The loan is to be paid back in 30 years in equal monthly installments (EMI). The EMI by reducing balance method is:

[Given $(1.015)^{-360} = 0.0047$ ]

15 May Shift 1

Which of the following is not the specification of the Sinking Fund?

CUET Mathematics 2026 21st May Shift 1 PYQs

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