A money lender lends Rs.1500 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit?
Choose the correct choice from the following choices: A) 2205 B) 1978 C) 1653.75 D) 2827 E) 2781
A = 1500(21/20)2   = 1653.75   Answer: 1653.75
<result>C</result>
A money lender lends Rs.1500 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit?