CUET Mathematics 2026 21st May Shift 1 PYQs

Which of the following statements about the Sinking Fund are correct?

(A) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future capital expense.

(B) It is a fund established by a business entity by setting aside revenue over a period of time to fund a future repayment of a long-term debt.

(C) It is set up for any purpose that it may serve.

(D) It is a fund that is accumulated for the purpose of paying off a financial obligation at some future designated date.

Choose the correct answer from the options given below:

The effective rate, which is equivalent to a nominal rate of 12% compounded semi-annually, is

A startup company invested ₹ 5,00,000 in shares for 4 years. The value of the investment was ₹ 5,50,000 at the end of first year, ₹ 5,25,000 at the end of third year, and on maturity, the final value stood ₹ 6,25,000. The CAGR on the investment will be :- [Given : $(1.25)^{\frac{1}{4}} = 1.06$]