Quantitative Aptitude Interest Simple and Compound Both

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 5 years at double the earlier interest rate?

1

Rs. 8,000

2

Rs. 6, 000

3

Rs. 4,000

4

Rs. 2,700

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