A grandmother lent $20,000 to her grandson at the beginning of the year. At the end of the year, she received y dollars more than than the amount she lent due to interest. She also received an additional amount $300, as a gift. In terms of y, what fraction of the amount that grandmother received was the gift?	Choose the correct choice from the following choices:
A) 50Y B) 300/(20300+Y) C) 300Y/20000Y D) 2/3Y E) 300Y/(Y+1)
The amount of money the grandmother received was (20,000 + 300+ y) dollars. The $300 gift as a fraction of the amount received was, therefore, 300/(20,300 + y).   Answer: 300/(20300+Y).
<result>B</result>
A grandmother lent $20,000 to her grandson at the beginning of the year. At the end of the year, she received y dollars more than than the amount she lent due to interest. She also received an additional amount $300, as a gift. In terms of y, what fraction of the amount that grandmother received was the gift?