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CUET · MATHS · PYQ PAPER 2025

A trust invites a deposit of a lump sum amount from an individual so that an annual scholarship of Rs. 5000 is paid. Rate of interest is 5% per annum.
If the scholarship is to start at the end of this year, then the amount needed to deposit to the trust is:

  1. A Rs. 60,000
  2. B Rs. 1,00,000
  3. C Rs. 1,25,000
  4. D Rs. 1,50,000
Verified Solution

Answer & Solution

Correct Answer

(B) Rs. 1,00,000

Step-by-step Solution

Detailed explanation

\( PV = \frac{P}{r} \) \( PV = \frac{5000}{0.05} \) \( PV = 1,00,000 \)
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