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?
1
Rs. 480
2
Rs. 500
3
Rs. 520
4
Rs. 600