CUET Mathematics 2026 31st May Shift 2 PYQs

If the money is worth 8% per annum compounded semi-annually, then the present value of a sequence of payments of ₹1,000 made at the end of every 6 months and continuing forever, is:

At what rate will the present value of a perpetuity of Rs.1000 payable at the end of each quarter be Rs.50000?

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=0.7068]