The compound interest on Rs 16000 for 9 months at 20%per annum, interest being compounded quarterly, is=?

The compound interest on Rs 16000 for 9 months at 20%per annum, intere

1.	The compound interest on Rs 16000 for 9 months at 20%per annum, interest being compounded quarterly, is=?
A.	s. 2520
B.	s. 2524
C.	s. 2522
D.	s. 2518
Answer» D. s. 2518

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The compound interest on Rs 16000 for 9 months at 20%per annum, interest being compounded quarterly, is=?

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