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Ravi takes a loan of Rs. 40,000 at an interest of 12% per annum for a period of 4 year, then EMI by using flat method is :

CUET UG 2023 — Mathematics Applied-Mathematics

2023mcqmedium

Ravi takes a loan of Rs. 40,000 at an interest of 12% per annum for a period of 4 year, then EMI by using flat method is :

Official previous-year question

Held on 22 May 2023 · Verified 13 Jul 2026.

Options

  1. A

    Rs. 1433.33

  2. B

    Rs. 1233.33

  3. C

    Rs. 1033.33

  4. D

    Rs. 1133.33

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