A sum lent out at compound interest amounts to Rs. 1,250 in one year and to Rs. 1,458 in 3 years at a certain rate percentage p.a. What is the simple interest on the same sum for \(5\frac{2}{5}\) years at the same rate of interest?

A sum lent out at compound interest amounts to Rs. 1,250 in one year a

1.	A sum lent out at compound interest amounts to Rs. 1,250 in one year and to Rs. 1,458 in 3 years at a certain rate percentage p.a. What is the simple interest on the same sum for \(5\frac{2}{5}\) years at the same rate of interest?
A.	Rs. 480
B.	Rs. 500
C.	Rs. 520
D.	Rs. 600
Answer» C. Rs. 520

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A sum lent out at compound interest amounts to Rs. 1,250 in one year and to Rs. 1,458 in 3 years at a certain rate percentage p.a. What is the simple interest on the same sum for \(5\frac{2}{5}\) years at the same rate of interest?

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