A person invests Rs. 5,000 at a simple interest rate of 5% per annum for 5 years. At the end of 5 years, she reinvests the entire amount at the same rate of interest for another 3 years. What will be the total interest earned by the person at the end of 8 years?
1
Rs. 2,156.50
2
Rs. 2,256.50
3
Rs. 2,323.50
4
Rs. 2,187.50