CUET Mathematics - Mr. X wishes to purchase a flat for Rs. 44,65,000 with a down payment of Rs. 10,00,000 and balance in equated monthly installments (EMI) for 25 years. If the bank charges 6 % per annum compounded monthly, the EMI is: [Given: (1.005)^300 =4.4650] | PYQs + Solutions

CUET Mathematics 2025 21 May Shift 2

Statistics & Applications

Medium

applied

Rs. 25,772

Rs. 28,775

Rs. 22,325

Rs. 30,550

✅ Correct Option: 3

Related questions:

27 May Shift 1

Mohini purchases a house worth Rs. 50 lakhs and makes a down payment of Rs. 11.2 lakhs. She pays the remaining amount on monthly EMI using a reducing balance method. The bank charges 6% per annum compounded monthly for a tenure of 25 years. Her EMI is:

[Given: $(1.005)^{300} \approx 0.224$ ]

3 June Shift 2

Mr. Vishnu has an initial investment of Rs.80,000 in an investment plan. After 3 years, it has grown to Rs.1,00,000, then his rate of return is

30 May Shift 2

An investment of ₹ 3,00,000 becomes ₹ 4,50,000 in 5 years, then the compound annual growth rate (CAGR) is equal to:

[Given that: $(1.5)^{1/5} = 1.084$ ]

CUET Mathematics 2025 21 May Shift 2 PYQs

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