Find the C.I. on a sum of Rs.2000 for 6 months at 20% per annum, interest being compounded quarterly?
Choose the correct choice from the following.
A) 205
B) 305
C) 3025
D) 5540
E) 315
C.I.= 2000(21/20)^2-1800   = 205   205nswer: 205
<result>A</result>
Find the C.I. on a sum of Rs.2000 for 6 months at 20% per annum, interest being compounded quarterly?