Skip to main content

A person wishes to purchase a house for ₹ 39,65,000 with a down payment of ₹ 5,00,000 and balance in equal monthly installments (EMI) for 25 years.…

CUET UG 2025 — Mathematics Statistics & Applications

2025mcqmedium

A person wishes to purchase a house for ₹ 39,65,000 with a down payment of ₹ 5,00,000 and balance in equal monthly installments (EMI) for 25 years. If bank charges 6% per annum (compounded monthly), then EMI on reducing balance payment method is:

[Given (1.005)300=4.465(1.005)^{300} = 4.465(1.005)300=4.465]

Official previous-year question

Held on 14 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    ₹ 22325

  2. B

    ₹ 36542

  3. C

    ₹ 21652

  4. D

    ₹ 34500

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

Other Mathematics topics for CUET UG

Keep practicing Statistics & Applications

Work through every CUET UG Statistics & Applications PYQ, year by year.

Browse all Mathematics topics