SSC JE Civil Engineering 30-Oct-2020 Shift 2 Paper

Question : 119 of 200

Marks: +1, -0

A-water pump is installed in a building at a cost of Rs. 2,500/-. The life of the pump is 15 years. The annual fund required to be deposited to accumulate the whole amount is _______(take capital recovery factor as 0.05)

Rs. 250
Rs. 25
Rs. 625
Rs. 125

Validate

Solution:

Concept:
Anual sinking fund

=\Principal× \i/{(1+\i)^\n-1}

Calculation:
Given;
n = 15
Principal (C.P) = 2500
i = 5%
Annual Sinking Fund

=2500 (\i/{(1+\i)^\n-1})

=2500({0.05}/{(1+0.05)^{15}-1})

Annual Sinking Fund = 115.85

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