CUET Mathematics - Taniya purchased a car costing ₹21,00,000 which has a useful life of 15 years. The estimated scrap value of the car is ₹3,00,000. The annual depreciation using straight line method is: | PYQs + Solutions

CUET Mathematics 2026 21st May Shift 2

Statistics & Applications

Easy

applied

₹1,40,000

₹1,80,000

₹1,20,000

₹1,00,000

✅ Correct Option: 3

Related questions:

30 May Shift 2

The effective rate of return equivalent to a nominal rate of 12% per annum compounded quarterly is: [Given that: $(1.03)^4 ≈ 1.1255$ ]

15 May Shift 1

Mr. X invested Rs. 4,00,000 in shares for 5 years. The value of this investment was Rs. 4,50,000 at the end of the second year, Rs. 490000 at the end of the third year and on maturity, the final value stood at Rs. 6,00,000. The compound annual growth rate of this investment is:

[Given that: $(1.5)^{1/5} = 1.084]$

30th May Shift 1

Match the LIST-I with LIST-II

LIST-I	LIST-II
A. The present value of a perpetuity of ₹3120 payable at the beginning of each year, if money is worth 6% effective.	I. ₹2,00,000
B. The present value of a perpetuity of ₹5,000 payable at the end of each year, if money is worth 5% compounded annually	II. ₹1,50,000
C. The present value of a sequence of payments of ₹3,000 payable at the end of each 6 months and continuing forever, if money is worth 4% compounded semi-annually.	III. ₹1,00,000
D. The present value of a perpetuity of ₹3,000 payable at the end of each quarter, if money is worth 6% compounded quarterly	IV. ₹55,120

Choose the correct answer from the options given below:

CUET Mathematics 2026 21st May Shift 2 PYQs

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