CUET Mathematics - Vatsala buys a car for Rs.7,00,000 and pays upfront Rs.2,50,000 through her credit card. The balance is to be paid in 5 years by equal monthly installments at an interest of 7% per annum as reducing balance. The EMI to be paid by Vatsala will be :- [given (1.0058)⁻⁶⁰=0.7046] | PYQs + Solutions | AfterBoards