CUET Mathematics - Shyamaji takes a loan of ₹20,00,000 with 10% annual interest rate for 10 years. What will be her EMI under flat rate system? | PYQs + Solutions

CUET Mathematics 2026 30th May Shift 2

Statistics & Applications

Medium

applied

₹30,000

₹33,333.33

₹60,000

₹66,666.67

✅ Correct Option: 2

Related questions:

16 May Shift 1

The fund created to accumulate money over the years to discharge a future obligation is known as:

19 May Shift 1

An automobile dealer wishes to buy four luxury cars of different brands given in the table below with some down payment and balance in equal monthly installments (EMI) for 10 years. The bank charges 9% interest per annum compounded monthly.

$\left( {Given } \frac{0.0075 \times(1.0075)^{120}}{(1.0075)^{120}-1} = 0.01266\right)$

Luxury Car	Price of the Car (in Rs.)	Down payment (in Rs.)
P	25,00,000	5,00,000
Q	35,00,000	12,00,000
R	45,00,000	15,00,000
S	42,00,000	15,00,000

Match List-I with List-II

List-I	List-II
Luxury Car	EMI (in Rs.)
(A) P	(I) 34,182
(B) Q	(II) 37,980
(C) R	(III) 29,118
(D) S	(IV) 25,320

Choose the correct answer from the options given below:

19th May Shift 2

Ram took a home loan of ₹ 45,00,000 at the rate of 6% per annum for 25 years. His EMI by using flat rate method is

CUET Mathematics 2026 30th May Shift 2 PYQs

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