An amount, at a specific interest rate and when the interest is being compounded yearly, becomes Rs. 4,460 in 3 years and Rs. 6,690 in 6 years. What will be the simple interest of \(4\dfrac{1}{2}\) years at the rate of 10% per annum on the same amount?

An amount, at a specific interest rate and when the interest is being

1.	An amount, at a specific interest rate and when the interest is being compounded yearly, becomes Rs. 4,460 in 3 years and Rs. 6,690 in 6 years. What will be the simple interest of \(4\dfrac{1}{2}\) years at the rate of 10% per annum on the same amount?
A.	Rs. 1,285
B.	Rs. 1,383
C.	Rs. 1,316
D.	Rs. 1,338
Answer» E.

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An amount, at a specific interest rate and when the interest is being compounded yearly, becomes Rs. 4,460 in 3 years and Rs. 6,690 in 6 years. What will be the simple interest of \(4\dfrac{1}{2}\) years at the rate of 10% per annum on the same amount?

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