A sum of Rs 7,500 amounts to Rs 8,748 after 2 years at a certain compound interest rate per annum. What will be the simple interest on the same sum for `4 3/5` years at double the earlier interest rate?

Options

A. Rs. 4,140
B. Rs. 5,520
C. Rs. 8,180
D. Rs. 2,760

Answer

B