CUET Mathematics - A person has purchased a home for Rs.10,00,000 with down payment of Rs 2,00,000. He amortize the balance at 9% per annum compounded monthly for 25 years then the equal monthly installment (EMI) is: [Given that: (1.0075)^300 - 1(.0075)(1.0075)^300 = 119.1616] | PYQs + Solutions

CUET Mathematics 2025 15 May Shift 1

Statistics & Applications

Medium

applied

Rs 8174.55

Rs 6713.57

Rs 7248.64

Rs 7534.25

✅ Correct Option: 2

Related questions:

29 May Shift 2

Mrs Rathna invested Rs 2 lakh in an enterprise for 5 years. Her compound annual growth rate (CAGR) turned out to be 20.5%. The end balance would be: (given $(1.205)^2=2.54)$

15 May Shift 2

Which of the following are similarities between the sinking fund and the savings account?

(A) The sinking fund and the savings account are both financial tools.

(B) Both can be used in any emergency.

(D) Both are long-term accounts which can be closed any time.

Choose the correct answer from the options given below:

30 May Shift 1

If an investment value get doubled in 10 years then its compound annual growth rate (CAGR) is: (Given $2^{1/10} = 1.0729$ )

CUET Mathematics 2025 15 May Shift 1 PYQs

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