Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?  Choose the correct answer: A) 2888 B) 2689 C) 2522 D) 277 E) 2911
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?