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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…

CUET UG 2025 — Mathematics Statistics & Applications

2025mcqmedium

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]

Official previous-year question

Held on 16 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    ₹ 3625

  2. B

    ₹ 4614

  3. C

    ₹ 5614

  4. D

    ₹ 4714

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