Statistics & Applications past year questions, CUET Mathematics 2024 16 May Shift 1 > Financial Math past year questions, Statistics & Applications, CUET Mathematics 2024 16 May Shift 1Hardapplied63 of 85A property dealer wishes to buy different houses given in the table below with some down payments and balance in EMI for 252525 years. Bank charges 6%6\%6% per annum compounded monthly. Given: (1.005)300×0.005(1.005)300−1=0.0064\dfrac{(1.005)^{300} \times 0.005}{(1.005)^{300}-1}=0.0064(1.005)300−1(1.005)300×0.005=0.0064 Property typePrice of the property (in ₹)Down Payment (in ₹)P45,00,0005,00,000Q55,00,0005,00,000R65,00,00010,00,000S75,00,00015,00,000Match List-I with List-II: List-IProperty TypeList-IIEMI amount (in ₹)(A) P(I) 25,600(B) Q(II) 38,400(C) R(III) 32,000(D) S(IV) 35,200(A) - (I), (B) - (II), (C) - (III), (D) - (IV)(A) - (I), (B) - (III), (C) - (IV), (D) - (II)(A) - (I), (B) - (II), (C) - (IV), (D) - (III)(A) - (III), (B) - (IV), (C) - (I), (D) - (II)Solution✅ Correct Option: 2Will be added.Related questions:2026: 22 May Shift 1What amount is received at the end of every 6 months forever, if ₹72,000 kept in a bank earns 8% per annum compounded half-yearly?2025: 13 May Shift 1Which of the following is correct about the Sinking Fund?2025: 3 June Shift 2Ram invested Rs.20,000 in a mutual fund in the year 2012. The value of the mutual fund increased to Rs.32,000 in the year 2017, then the compound annual growth rate of his investment is (Given that (1.6)15=1.098(1.6)^{\frac{1}{5}} = 1.098(1.6)51=1.098)2026: 26 May Shift 2Which of the following are the true? A. The cost of Rs.7200 , 8% stock at Rs.90 is Rs.6480. B. The cost of Rs.4500 , 8.5% stock at 4% premium is Rs.4680. C. The cost of Rs.6400 , 10% stock at 15% discount is Rs.5440. D. The cost of Rs.7200 , 8% stock at Rs.90 is Rs.5961.60. Choose the correct answer from the options given below:2026: 21 May Shift 2Which of the following pointers are the characteristics of sinking fund? A. It is a long term account which can be closed any time. B. It is set up for a particular upcoming expense. C. It can be used in any emergency. D. It can be used only for the purpose it was created. Choose the correct answer from the options given below:2025: 29 May Shift 2A charity organization has a fund of Rs.2,00000 to provide annual grants to students. The grant amount each year is Rs.15,000. The fund earns an interest rate of r% per annum. If the interest earned is used entirely to provide the grants, then the annual interest rate r is: