A sum of Rs. 10,500 amounts to Rs. 13,650 in 2 years at a certain rate percent per annum simple interest. The same sum will amount to what in 1 year at the same rate, if the interest is compounded half yearly (nearest to Rs.1)?
1
Rs. 12,124
2
Rs. 12,143
3
Rs. 12,134
4
Rs. 12,314