Explanation:

Let's calculate the simple interest on Rs4,840 at 6% per annum for 10 years using the formula for simple interest:

- Simple Interest (SI) = Principal × Rate × Time / 100

So, plugging in the values:

- Principal = Rs4,840

- Rate = 6%

- Time = 10 years

- SI = (4,840 × 6 × 10) / 100

- SI = (290,400) / 100

- SI = Rs2,904

Let's evaluate the options:

- Option 1: Rs6,840

- This seems way too high, possibly including the principal.

- Option 2: Rs8,462

- This is also high, possibly compounding interest, not simple.

- Option 3: Rs2,904

- This is the correct amount of simple interest.

- Option 4: Rs3,540

- This is close, but it's incorrect for simple interest.