A person borrows Rs. 2000 at 20% per annum at C.I. compounded half yearly. Immediately he lends it to another person at the same rate on the condition that the interest is compounded for every `(1)/(4)` th year. Find the amount gained by the first person in `(1)/(2)` year.

A person borrows Rs. 2000 at 20% per annum at C.I. compounded half yea

1.	A person borrows Rs. 2000 at 20% per annum at C.I. compounded half yearly. Immediately he lends it to another person at the same rate on the condition that the interest is compounded for every `(1)/(4)` th year. Find the amount gained by the first person in `(1)/(2)` year.
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A person borrows Rs. 2000 at 20% per annum at C.I. compounded half yearly. Immediately he lends it to another person at the same rate on the condition that the interest is compounded for every `(1)/(4)` th year. Find the amount gained by the first person in `(1)/(2)` year.

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