Quantitative Aptitude Interest Simple and Compound Both

There is 80% increase in an amount in 8 years at simple interest. What will be the compound interest on Rs. 15,000 after 3 years at the same rate of interest?

1

Rs. 4,565

2

Rs. 5,000

3

Rs. 4,550

4

Rs. 4,695

5

Rs. 4,965

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