CUET Mathematics - Ram wishes to purchase a house for ₹ 15,00,000 and made a down payment of ₹ 5,00,000. If he can amortize the balance at 9% per annum compounded monthly for 25 years, then his EMI is: [Given (1.0075)^300 ≈ 9.41] | PYQs + Solutions

CUET Mathematics 2025 30 May Shift 2

Statistics & Applications

Medium

applied

₹ 7,991.80

₹ 6713, 57

₹ 8,891.80

✅ Correct Option: 4

Related questions:

22 May Shift 2

A machine costing ₹ 36000 has an effective life of 5 years with scrap value of ₹ 5000 following a linear method of depreciation. Which of the following statements are correct?

(A) The value of the machine after 1 year is ₹ 31000

(B) The value of the machine after 2 years is ₹ 23600

(D) The value of the machine after 4 years is ₹ 11200

Choose the correct answer from the options given below:

14 May Shift 2

If an investment of Rs. 12000 becomes Rs. 72000 in 4 years, then the compound annual growth rate is:

21 May Shift 2

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: $(1.005)^{300} =4.4650$ ]

CUET Mathematics 2025 30 May Shift 2 PYQs

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