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 :
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 :
Solution
✅ Correct Option: 2
Total interest by flat method .
Total amount .
Number of months .
EMI .
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