Give stream of consciousness and then the final answer. 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) 2205
(B) 3387
(C) 2882
(D) 2997
(E) 1278
A = 2000(21/20)2 = 2205
The final answer: (A).