A sum of Rs. 36,750 amounts to Rs. 60,750 in at a certain rate percent per annum in 8 years, interest compounded yearly. What will be the amount on a sum of Rs. 24,570 in 4 years at the same rate of interest?

1
Rs. 42,000
2
Rs. 29,500
3
Rs. 31,590
4
Rs. 35,590

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