A man takes a personal loan worth Rs.3,00,000 at an interest rate of 6% per annum compounded monthly to be repaid by equal monthly installments in 3…
CUET UG 2025 — Mathematics Statistics & Applications
A man takes a personal loan worth Rs.3,00,000 at an interest rate of 6% per annum compounded monthly to be repaid by equal monthly installments in 3 years, then the EMI using flat rate method will be:-
Held on 30 May 2025 · Verified 13 Jul 2026.
Options
- A
Rs. 9833.33
- B
Rs. 11,333.3
- C
Rs. 17, 333.3
- D
Rs. 12,833.3
Did you get this right?
Sign in to track your attempts and accuracy.
Your note
Sign in to keep a private note on this question. Nothing you write is ever public.
CUET UG Statistics & Applications in other years
More CUET UG Statistics & Applications questions
The rise in prices before Diwali is an example of
Mr. X purchased a house from a company for ₹ 7,00,000 and made a down payment of ₹ 1,50,000. He repays the balance in 25 years by equal monthly installments at 9 % per annum compounded monthly. The equated monthly installment (EMI) is: [Given that : (1.0075)⁻³⁰⁰ = 0.106]
Consider the following hypothesis $H_0: \mu = 315$ and $H_a: \mu \neq 315$ A sample of 60 provided a sample mean of 324.6. The standard deviation ($\sigma$) is 14 and level of significance $\alpha = 0.05$. Then the confidence interval is: [Given: $Z_{a/2}{\frac{14}{\sqrt60}} = 3.54$]
With reference to sampling, which of the following are correct? (A) Simple random sampling is probability sampling (B) Snow-ball sampling is non-probability sampling (C) Stratified sampling is probability sampling (D) Cluster sampling is non-probability sampling Choose the correct answer from the options given below:
The effective rate equivalent to a nominal rate of 12% compounded quarterly is: (Given $(1.03)^4=1.1256$)
Other Mathematics topics for CUET UG
Keep practicing Statistics & Applications
Work through every CUET UG Statistics & Applications PYQ, year by year.