Let Raj's 2009 spending on pencils be P. In 2010, his ballpen spending rises to \(300 \times 1.20 = 360\), and his pencil spending rises to \(1.15P\).
Since the total spending increase is Rs. 240, \((360 + 1.15P) - (300 + P) = 240\), which simplifies to \(60 + 0.15P = 240\), giving \(0.15P = 180\) and so \(P = 1200\).
The amount Raj spent on pencils in 2010 is therefore \(1.15 \times 1200 = 1380\), matching option 4.