Some question: 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.\nOptions:\n(A) Rs.2205\n(B) Rs.2200\n(C) Rs.2160\n(D) Rs.2040\n(E) Rs.2050
Some stream of consciousness:
User
A = 2000(21/20)2 = 2205 The answer: (A).
Assistant