A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit.
Options:
(A) Rs.2205
(B) Rs.2200
(C) Rs.2160
(D) Rs.2040
(E) Rs.2050 Now, let's think a bit. Some random thoughts:
A = 2000(21/20)2 = 2205
The final answer: (A).