A moneylender lends Rs. 2000 for 6 months at 20% per annum whereas the – McqOptions

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1.	A moneylender lends Rs. 2000 for 6 months at 20% per annum whereas the interest is compounded quarterly. After the given period he will get the amount of ?
A.	Rs. 2205
B.	Rs. 2200
C.	Rs. 2160
D.	Rs. 2040
Answer» B. Rs. 2200

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