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Mr. X wishes to purchase a flat for Rs. 44,65,000 with a down payment of Rs. 10,00,000 and balance in equated monthly installments (EMI) for 25…

CUET UG 2025 — Mathematics Statistics & Applications

2025mcqmedium

Mr. X wishes to purchase a flat for Rs. 44,65,000 with a down payment of Rs. 10,00,000 and balance in equated monthly installments (EMI) for 25 years. If the bank charges 6 % per annum compounded monthly, the EMI is:

[Given: (1.005)300=4.4650(1.005)^{300} =4.4650(1.005)300=4.4650]

Official previous-year question

Held on 21 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Rs. 25,772

  2. B

    Rs. 28,775

  3. C

    Rs. 22,325

  4. D

    Rs. 30,550

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