CUET PYQs for Applications of Compound Interest Formula with Solutions: Practice CUET Previous Year Questions

Content Writer | Journalism Graduate | Updated 3+ months ago

Applications of Compound Interest Formula is an important topic in the Mathematics section in CUET exam. Practising this topic will increase your score overall and make your conceptual grip on CUET exam stronger.

This article gives you a full set of CUET PYQs for Applications of Compound Interest Formula with explanations for effective preparation. Practice of CUET Mathematics PYQs including Applications of Compound Interest Formula questions regularly will improve accuracy, speed, and confidence in the CUET 2026 exam.

CUET PYQs for Applications of Compound Interest Formula with Solutions

1.
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 :
- ₹1,10,000
- ₹3,70,000
- ₹2,70,000
- ₹2,50,000
View Solution

2.
A machine costing ₹ one lakh depreciates at constant rate 10%. Estimated useful life of machine is 8 years.
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
Choose the correct answer from the options given below :

A-II, B-III, C-IV, D-I
A-II, B-IV, C-III, D-I
A-II, B-IV, C-I, D-III
A-II, B-I, C-IV, D-III

View Solution

3.
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 :
- ₹4166.67
- ₹7500
- ₹8332
- ₹50000
View Solution
4.
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.
- ₹10.05,000
- ₹9.05,000
- ₹10,07,500
- ₹9.50,000
View Solution

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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

CUET PYQs for Applications of Compound Interest Formula with Solutions

1.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 :

3.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 :

4.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.

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1.
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 :

3.
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 :

4.
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.