Come up with a question and stream of consciousness reasoning that would justify this answer: (C)
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The question is: Find the C.I. on a sum of Rs.1600 for 9 months at 20% per annum, interest being compounded quarterly?
Options:
(A) 2528
(B) 2526
(C) 2522
(D) 2722
(E) 2426
Stream of consciousness: A = 1600(21/20)3 = 2522

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