A sum amounts to Rs. 4,260 in 5 years at the rate of 4% p.a. simple interest. What will be the simple interest (in Rs. nearest to a Rs.) on the same sum for 4\(\frac{1}{5}\) years at the rate of 8\(\frac{1}{2}\)% p.a.?
1
1,250
2
1,267
3
1,285
4
1,271
5
Not Attempted