The compounded interest (compounded annually) on a certain sum at the rate of 6 percent per annum for two years is Rs. 4944. What would be the simple interest on the same sum at the same rate of interest for two years?

4800

CI for 2 years at 6% per annum = (6 + 6 + \(\frac{6 × 6}{100}\)) = 12.36%

ATQ,

Principal × 12.36% = 4944

Principal = Rs. 40000

S.I. = \(\frac{P\;×\;R\;×\;T}{100}\) = \(\frac{40000 × 6 × 2}{100}\) = Rs. 4800