CUET Mathematics - Which of the following are correct about equated monthly installments (EMI)? (A) The EMI depends on principal borrowed, rate of interest and tenure of the loan. (B) It is a fixed amount made by borrower to the lender every month. (C) The interest remains constant for every EMI in reducing balance method. (D) As we pay off our loan, the outstanding principal amount decreases with every EMI in reducing balance method. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Mathematics 2025 15 May Shift 1

Statistics & Applications

Medium

applied

(A), (B) and (C) only

(A), (B) and (D) only

(A), (B), (C) and (D)

✅ Correct Option: 2

Related questions:

21 May Shift 2

A motorcycle has a scrap value of Rs. 22,500 after 15 years of its purchase. If the annual depreciation charge is Rs. 8,500, then the original cost by linear method is:

27 May Shift 1

As per the graph given below:

Match List-I with List-II

List-I	List-II
(Function/Area/point)	(Representation)
(A) Consumers Surplus	(I) y=g(x)
(B) Supply function	(II) v
(C) Demand function	(III) s
(D) Equilibrium point	(IV) y=f(x)

Choose the correct answer from the options given below:

21 May Shift 2

Which of the following is not correct about the Compound Annual Growth Rate (CAGR)?

CUET Mathematics 2025 15 May Shift 1 PYQs

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