Use some thinking to answer the following question. Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?
Options:
(A) 1323
(B) 9261
(C) 2788
(D) 2999
(E) 1722
A = 8000(21/20)3 = 9261 So the final answer is (B).