CUET · MATHS · PYQ PAPER 2025
Mr. \(X\) wishes to purchase a house for ₹ \(\ 14,51,400\) from a bank and decided to repay the loan by equal monthly installments (EMI) in \(10\) years. If bank charges interest at 9 % per annum compounded monthly, then the EMI is:
[Given that \((1.0075)^{120}=2.4514\) ]
- A ₹ \(18385.50\)
- B ₹ \(15627.42\)
- C ₹ \(10582.42\)
- D ₹ \(18564.50\)
Answer & Solution
Correct Answer
(A) ₹ \(18385.50\)
Step-by-step Solution
Detailed explanation
\(P = 1451400\) \(i = \frac{9}{12 \times 100} = 0.0075\) \(n = 10 \times 12 = 120\) \(EMI = P \times \frac{i(1+i)^n}{(1+i)^n - 1}\) \(EMI = 1451400 \times \frac{0.0075 \times (1.0075)^{120}}{(1.0075)^{120} - 1}\) \(EMI = 1451400 \times \frac{0.0075 \times 2.4514}{2.4514 - 1}\)…
See the Complete Solution
Get step-by-step explanations for this and 2.5 Lakh+ more JEE, NEET & CET questions.
- Unlock all solutions
- Practice the full chapter
- Track accuracy across PYQs
4.8 rated on Google Play · 14,000+ reviews
More questions from MATHS
- The value of the definite integral \(I=\int_0^2 x \sqrt{2-x} d x\) is :CUET 2025 Easy
- If \(\vec{a}=3 \hat{i}-6 \hat{j}+\hat{k}\) and \(\vec{b}=2 \hat{i}-4 \hat{j}+\lambda \hat{k}\) are such that \(\vec{a} \| \vec{b}\), then \(3 \lambda+2=\)CUET 2025 Easy
- Consider the following data:
The equation of straight line trend by using least square method is, y =138.86 + 7.64 (x - 2007), then the trend values for the year 2004 isYear (x) 2004 2005 2006 2007 2008 2009 2010 Profit (₹) (y) 114 130 126 144 138 156 164 CUET 2025 Hard - Let \(A\) be a \(3 \times 7\) matrix, then each column of \(A\) contains :CUET 2025 Medium
- A can solve \(90 \%\) problems and B can solve \(70 \%\) problems of the book. A problem is selected at random from the book. The probability that the problem is solved, is equal toCUET 2025 Hard
- The solution of \(y^{\prime}-y^{\prime \prime}=2 x\) is:
A. \(y=x^2+2 x+2\)
B. \(y=x^2+2 x+1\)
C. \(y=x+2\)
D. \(y=x^2-2 x+1\)
Choose the correct answer from the options given below :CUET 2023 Hard
More PYQs from CUET
- Observe the illustration and answer the following question:
Meiotic division in primary oocytes is arrested at:CUET 2023 Medium - Match List-l with List-ll:
Choose the correct answer from the options given below:List-l (Representation) List-II (Common name) (A) \(10^{-6} M\) solution (I) Decimolar solution (B) 0.1 M solution (II) Micromolar solution (C) 0.001 M solution (III) Millimolar solution (D) 0.01 M solution (IV) Centimolar solution CUET 2025 Medium - The de-Broglie wavelength associated with a ball of mass \( m = 150 \, g \) traveling at \( v = 30.0 \, m/s \) would beCUET 2025 Medium
- MTP is considered safe up to _________ weeks of pregnancy.CUET 2025 Hard
- The angle between 2 vectors \(\vec{a}\) and \(\vec{b}\) with magnitude 1 and 2 respectively when \(\vec{a} \cdot \vec{b}=1\) is:CUET 2023 Easy
- A and B are two students. Their chances of solving a problem correctly are \(\frac{1}{3}\) and \(\frac{1}{4}\) respectively.
If the probability of their making a common error is \(\frac{1}{20}\) and they obtain the same answer, then the probability that their answer is correct is:CUET 2023 Medium