CUET Mathematics - Kavya takes a personal loan of ₹ 10,00,000 at the rate of 12% per annum for 5 years, then the EMI by using flat rate method is | PYQs + Solutions

CUET Mathematics 2025 22 May Shift 1

Statistics & Applications

Easy

applied

₹ 26,666.66

₹ 36,666.66

₹ 16,666.66

₹ 46,666.66

✅ Correct Option: 1

Related questions:

3 June Shift 1

Match List-I with List-II

List-I	List-II
(A) Perpetuity	(I) A person deposits a fixed amount every year in his bank account to renovate his house after 10 yrs.
(B) EMI	(II) A person depositis an amount regularly in his bank account and withdraws in case of need.
(C) Sinking Fund	(III) A fixed amount is debited from the bank account of a person, every month, against a personal loan.
(D) Saving Account	(IV) A person purchased a house and rents it out.

Choose the correct answer from the options given below:

22 May Shift 2

Anush takes a loan of ₹ 150000 @ 16% annual interest for 5 years. His EMI (Equally Monthly Installment) on monthly basis under flat rate system is:

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The level of production where the revenue from sales is equal to the cost of production and marketing is known as

CUET Mathematics 2025 22 May Shift 1 PYQs