CUET Mathematics - At what rate of interest will the present value of a perpetuity of ₹ 500 payable at the end of every 6 months be ₹ 20,000? | PYQs + Solutions

CUET Mathematics 2025 22 May Shift 2

Statistics & Applications

Medium

applied

10% per annum

20% per annum

5% per annum

7% per annum

✅ Correct Option: 3

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:

21 May Shift 1

Anshu takes a personal loan of ₹10,00,000 at the rate of 12% per annum for 2 years, then the EMI by using flat rate method is

13 May Shift 1

Mr. 'X' wishes to purchase a house for ₹ 49,65,000 with a down payment of ₹ 15,00,000 and balance amount in EMI for 25 years. If bank charges 6% per annum compounded monthly. Then the EMI is: [Given that $(1.005)^{300} = 4.4650]$

CUET Mathematics 2025 22 May Shift 2 PYQs

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