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Home Questions K6559WY7YR

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A person takes a personal loan of ₹10,000 at the rate of 24% per annum for 2 years. His EMI by using flat rate method is :

Options:

₹616.67

₹619.67

₹516.67

₹519.67

Correct Answer:

₹616.67

CUET Questions