Question: Find the amount on Rs.8000 in 9 months at 20% per annum, if the interest being compounded quarterly?
Options:
(A) 9268
(B) 9261
(C) 9262
(D) 9242
(E) 9266 Let's think first. Some random reasoning:
A = 8000(21/20)3 = 9261 The final answer: (B).