Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?	Pick one
A) 3388  B) 2778  C) 2522  D) 2988  E) 2771
A = 1600(21/20)3 = 2522   Answer:2522
<result>C</result>
Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?