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) 2888
(C) 2669
(D) 2770
(E) 2771 Stream of consciousness first, then make a decision:
A = 2000(21/20)2 = 2205
Thus, the answer is (A).