Ram takes a personal loan of ₹ 10,00,000 at the rate of 12% per annum for 5 years. By using a flat rate method, EMI is Option 1: ₹ 22,666.67 Option 2: ₹ 27,666.67 Option 3: ₹ 26,666.67 Option 4: ₹ 28,666.67

The answer is '₹ 26,666.67'. View full solution:

CUET Mathematics - Ram takes a personal loan of ₹ 10,00,000 at the rate of 12% per annum for 5 years. By using a flat rate method, EMI is | PYQs + Solutions

CUET Mathematics 2026 15th May Shift 1

Statistics & Applications

Medium

applied

₹ 22,666.67

₹ 27,666.67

₹ 26,666.67

₹ 28,666.67

✅ Correct Option: 3