A money lender lends Rs.2000 for six months at 20% p.a. rate. It the i – McqOptions

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1.	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.
A.	Rs.2205
B.	Rs.2200
C.	Rs.2160
D.	Rs.2040
Answer» B. Rs.2200

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