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Vihan borrows 100000 for a motor bike at a monthly interest of 1.25 per cent. the loan is to be repaid in 12 monthly installments,

Vihan borrows 100000 for a motor bike at a monthly interest of 1.25 per cent. the loan is to be repaid in 12 monthly installments, payable at the end of each month. What would be the EMI ?

Select one:

a. 9221

b. 9026

c. 7221

d. 7026

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