CUET-UG SERIES Mathematics
Applications Of Compound Interest Formula
4 previous year questions.
Volume: 4 Ques
Yield: Medium
High-Yield Trend
4
2023 Chapter Questions 4 MCQs
01
PYQ 2023
medium
mathematics ID: cuet-ug-
Shyam takes a loan of ₹5,00,000 with 8% annual interest rate for 10 years. The value of EMI under flat rate system is :
1
₹4166.67
2
₹7500
3
₹8332
4
₹50000
02
PYQ 2023
medium
mathematics ID: cuet-ug-
A vehicle whose cost is ₹7,00,000 will depreciate to scrap value of ₹1,50,000 in 5 years. Using linear method of depreciation, the book value of the vehicle at the end of the third year is :
1
₹1,10,000
2
₹3,70,000
3
₹2,70,000
4
₹2,50,000
03
PYQ 2023
medium
mathematics ID: cuet-ug-
The money needed to invest now, so as to get ₹7500 at the beginning of each month forever (starting from the current month) if the money is worth 9% per annuum compounded monthly is.
1
₹10.05,000
2
₹9.05,000
3
₹10,07,500
4
₹9.50,000
04
PYQ 2023
medium
mathematics ID: cuet-ug-
A machine costing ₹ one lakh depreciates at constant rate 10%. Estimated useful life of machine is 8 years.
Match List I with List II
Choose the correct answer from the options given below :
Match List I with List II
| List I | List II | ||
| A. | Total depreciation in 2nd and 3rd year is | I. | ₹81,000 |
| B. | Value of machine after one year is | II. | ₹17,100 |
| C. | Value of machine after 2 year is | III. | ₹43050 |
| D. | Scrap value of machine is : given (1.1)3 - 2.144 & (0.9)3 - 0.4305 | IV. | ₹90,000 |
1
A-II, B-III, C-IV, D-I
2
A-II, B-IV, C-III, D-I
3
A-II, B-IV, C-I, D-III
4
A-II, B-I, C-IV, D-III