A certain sum amounts of Rs. 5,989.50 in 2 years at 15% p.a, interest compounded 8-monthly. What is the simple interest on the same sum for \(4{2\over 3}\) years at 19% p.a?

1
Rs. 3,990
2
Rs. 4,522
3
Rs. 4,256
4
Rs. 3,724

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