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List of top Mathematics Questions on Compound Interest asked in CUET (UG)
A firm anticipates an expenditure of ₹10,000 for a new equipment at the end of 5 years from now. How much should the firm deposit at the end of each quarter into a sinking fund earning interest 10% per year compounded quarterly to provide for the purchase?
[Use (1.025)
20
=1.7]
CUET (UG) - 2024
CUET (UG)
Mathematics
Compound Interest
For an investment, if the nominal rate of interest is
\(10\%\)
compounded half-yearly, then the effective rate of interest is:
CUET (UG) - 2024
CUET (UG)
Mathematics
Compound Interest
A multinational company creates a sinking fund by setting a sum of Rs. 12,000 annually for 10 years to pay off a bond issue of Rs. 72,000. If the fund accumulates at
\(5\% \)
per annum compound interest, then the surplus after paying for bond is
CUET (UG) - 2024
CUET (UG)
Mathematics
Compound Interest
A property dealer wishes to buy different houses given in the table below with some down payments and balance in EMI for 25 years. Bank charges 6% per annum compounded monthly.
CUET (UG) - 2024
CUET (UG)
Mathematics
Compound Interest
A piece of paper is folded and a cut is made as shown below. How it will appear when opened?
CUET (UG) - 2023
CUET (UG)
Mathematics
Compound Interest
The value of a car depreciates every year by
\( 10\%\)
. What will be its value after
\( 3\)
years if its present value is
\(₹6,25,000\)
?
CUET (UG) - 2023
CUET (UG)
Mathematics
Compound Interest
In how many years a sum placed on compound interest becomes 8 times of itself, if it becomes twice in 6 years?
CUET (UG) - 2023
CUET (UG)
Mathematics
Compound Interest