CUET CUET Mathematics 2024 - A flower vase costs ₹ 36,000. With an annual depreciation of ₹ 2,000, its cost will be ₹ 6,000 in _____ years. | PYQs + Solutions | AfterBoards
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CUET Mathematics 2024

Statistics & Applications
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Financial Math

Conceptual

A flower vase costs ₹ 36,00036,000. With an annual depreciation of ₹ 2,0002,000, its cost will be ₹ 6,0006,000 in _____ years.

Correct Option: 2
We are given:
- Initial cost = ₹36,000 \newline - Annual depreciation = ₹2,000 \newline - Final cost = ₹6,000
Number of years =Initial cost−Final costAnnual depreciation=36000−60002000=300002000=15= \frac{\text{Initial cost} - \text{Final cost}}{\text{Annual depreciation}} = \frac{36000 - 6000}{2000} = \frac{30000}{2000} = 15

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CUET Mathematics 2024

A Multinational company creates a sinking fund by setting a sum of ₹ 12,00012,000 annually for 1010 years to pay off a bond issue of ₹ 72,00072,000. If the fund accumulates at 5%5 \% per annum compound interest, then the surplus after paying for bond is :
(Use (1.05)10≈1.6)\left.(1.05)^{10} \approx 1.6\right)

CUET Mathematics 2024

For which one of the following purposes is CAGR (Compounded Annual Growth Rate) not used ?

CUET Mathematics 2024

Match List-I with List-II:
List-I
Property Type		 List-II
EMI amount (in ₹)
(A) P (I) 25,600
(B) Q (II) 38,400
(C) R (III) 32,000
(D) S (IV) 35,200

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