TCS Company Logical Reasoning Letter Arrangement

A circle has 29 points arranged in a clockwise manner numbered from 0 to 28, as shown in the figure below. A bug moves clockwise around the circle according to the following rule. If it is at a point i on the circle, it moves clockwise in 1 second by ( 1 + r ) places, where r is the reminder ( possibly 0 ) when i is divided by 11. Thus if it is at position 5, it moves clockwise in one second by ( 1 + 5 ) places to point 11. Similarly if it is at position 28 it moves ( 1 + 6 ) or 7 places to point 6 in one second. If it starts at point 23, at what point will it be after 2012 seconds?

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