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CUET · MATHS · PYQ PAPER 2025

An automobile dealer wishes to buy four luxury cars of different brands with some down payment and balance in equal monthly instalments for 10 years
The bank charges \(9 \%\) interest per annum compounded monthly
Given \(\frac{0.0075(1.0075)^{120}}{(1.0075)^{120}-1}=0.01266\)
Luxury CarPrice of the Car (in Rs.)Down payment (in Rs.)
P25,00,0005,00,000
Q35,00,00012,00,000
R45,00,00015,00,000
S42,00,00015,00,000
Match List I with List II
List-I (Luxury Car)List-II (EMI (in Rs.))
(A) P(i) 34,182
(B) Q(ii) 37,980
(C) R(iii) 29,118
(D) S(iv) 25,320
Choose the correct answer from the options given below :

  1. A A) - (I), (B) - (II), (C) - (III), (D) - (IV)
  2. B (A) - (II), (B) - (I), (C) - (III), (D) - (IV)
  3. C (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
  4. D (A) - (III), (B) - (IV), (C) - (I), (D) - (II)
Verified Solution

Answer & Solution

Correct Answer

(C) (A) - (IV), (B) - (III), (C) - (II), (D) - (I)

Step-by-step Solution

Detailed explanation

Loan amount (P) \( = 25,00,000 - 5,00,000 = 20,00,000 \) EMI (P) \( = 20,00,000 \times 0.01266 = 25,320 \) Loan amount (Q) \( = 35,00,000 - 12,00,000 = 23,00,000 \) EMI (Q) \( = 23,00,000 \times 0.01266 = 29,118 \) Loan amount (R) \( = 45,00,000 - 15,00,000 = 30,00,000 \) EMI…