Imagine a question and stream-of-consciousness explanation for which this is the answer: (A)
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Question: A money lender lends Rs.2000 for six months at 20% p.a. rate. It the interest is reckoned quarterly than find the amount given after time limit?
Options:
(A) 2205
(B) 8786
(C) 8275
(D) 2872
(E) 2282
Stream-of-consciousness: A = 2000(21/20)2 = 2205
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