A money lender lends Rs.1200 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:
A) 2205	B) 1978	C) 2834	D) 1323	E) 2781
A = 1200(21/20)2   = 1323   Answer: 1323
<result>D</result>
A money lender lends Rs.1200 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit?