A sum amounts to Rs. 3872 in 2 years and to Rs. 4259.20 in 3 years at a certain rate percent p.a, if the interest is compounded annually. What is the simple interest on the same sum for \(5\frac{1}{3}\) year at 6.75% p.a?

A sum amounts to Rs. 3872 in 2 years and to Rs. 4259.20 in 3 years at

1.	A sum amounts to Rs. 3872 in 2 years and to Rs. 4259.20 in 3 years at a certain rate percent p.a, if the interest is compounded annually. What is the simple interest on the same sum for \(5\frac{1}{3}\) year at 6.75% p.a?
A.	Rs. 1240
B.	Rs. 1224
C.	Rs. 1152
D.	Rs. 1125
Answer» D. Rs. 1125

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A sum amounts to Rs. 3872 in 2 years and to Rs. 4259.20 in 3 years at a certain rate percent p.a, if the interest is compounded annually. What is the simple interest on the same sum for \(5\frac{1}{3}\) year at 6.75% p.a?

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