CUET Mathematics - Suresh takes a loan of ₹ 4,00,000 with 10% annual interest rate for 5 years on flat rate basis. Which of the following statements are correct ? A. The total interest on the principal is ₹ 1,00,000. B. The number of months in loan period is 60. C. EMI under flat rate system is ₹ 12,000. D. EMI under flat rate system is ₹ 10,000. Choose the correct answer from the options given below: | PYQs + Solutions | AfterBoards