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Corporate Finance · Quiz 1 · 15 Mar 2026 · January 2026 term

Question 8: You take a loan of Rs 2,00,000 at a monthly interest rate…

Question 8

+4 marksOne correct option

You take a loan of Rs 2,00,000 at a monthly interest rate of 1% to be repaid over 2 years (24 months). What is the Equated Monthly Instalment (EMI)?
(EMI is the promised equal monthly payment against a loan)

  1. A

    Rs 8,333

  2. B

    Rs 9,415

  3. C

    Rs 10,240

  4. D

    Rs 11,500

Show answer

Correct answer

  • B

    Rs 9,415

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Question 8 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 15 Mar 2026, in the January 2026 term (Corporate Finance 15 Mar 26). It carries 4 marks.

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