The compound interest on a certain sum of money for 3 years at the rate of 10% per annum is Rs. 993.00. The simple interest on the same sum at the rate of 8% per annum for 4 years would be equal to which of the following?

1
Rs. 900.00
2
Rs. 930.00
3
Rs. 960.00
4
Rs. 990.00

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