The compound interest on Rs 16000 at 20% p.a. for 9 months, compounded quarterly is Options: A . &nbspRs 2225 B . &nbspRs 2325 C . &nbspRs 2522 D . &nbsp none of these

The compound interest on Rs 16000 at 20% p.a. for 9 months, compounded quarte

Question

The compound interest on Rs 16000 at 20% p.a. for 9 months, compounded quarterly is

Options:

A . Rs 2225

B . Rs 2325

C . Rs 2522

D . none of these

Answer: Option C

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