Question:
A person takes a home loan of ₹1200000 from a bank at an interest rate of 12% per annum for 10 years. The EMI under flat rate system is.
A person takes a home loan of ₹1200000 from a bank at an interest rate of 12% per annum for 10 years. The EMI under flat rate system is.
Updated On: Mar 12, 2025
- ₹22000
- ₹21000
- ₹20500
- ₹22500
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The Correct Option is A
Solution and Explanation
The correct option is (A):₹22000
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