Question

A sum of ₹6,450 is invested for 3.5 years at a certain annual rate of simple interest, yielding a total interest of ₹2,709. If ₹3,500 is then invested for 2 years at the same rate of interest but compounded annually, calculate the interest earned on this second investment.

A Rs. 824.80
B Rs. 764.80
C Rs. 920.60
D Rs. 890.40
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