A sum of Rs.8,400 becomes Rs.10,164 in 2 years at a certain rate percentage p.a., interest compounded yearly. What will be the simple interest on the same sum for \(4\frac{3}{5}\) years at the same rate?

A sum of Rs.8,400 becomes Rs.10,164 in 2 years at a certain rate perce

1.	A sum of Rs.8,400 becomes Rs.10,164 in 2 years at a certain rate percentage p.a., interest compounded yearly. What will be the simple interest on the same sum for \(4\frac{3}{5}\) years at the same rate?
A.	Rs.3,864
B.	Rs.4,454
C.	Rs.4,032
D.	Rs.4,368
Answer» B. Rs.4,454

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A sum of Rs.8,400 becomes Rs.10,164 in 2 years at a certain rate percentage p.a., interest compounded yearly. What will be the simple interest on the same sum for \(4\frac{3}{5}\) years at the same rate?

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