Quantitative Aptitude Interest Compound Interest

A certain sum amounts to ₹25,300 in 2 years at 7.5% p.a., simple interest. What will be the compound interest on the same sum for the same period at double the rate, if the interest is compounded 8-monthly?

1

₹7,282

2

₹7,284

3

₹7,372

4

₹7,248

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