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A person has set up a sinking fund in order to have Rs. 10,00,000 after 10 years for his child education. The amount should put bi-annually into…

CUET UG 2025 — Mathematics Statistics & Applications

2025mcqmedium

A person has set up a sinking fund in order to have Rs. 10,00,000 after 10 years for his child education. The amount should put bi-annually into account paying 5% per annum compounded semi-annually is: [Given (1.025)20=1.6386(1.025)^{20} = 1.6386(1.025)20=1.6386]

Official previous-year question

Held on 27 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Rs. 29148.14

  2. B

    Rs. 39148.14

  3. C

    Rs. 35148.14

  4. D

    Rs. 36148.14

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