Indu gave Bindu Rs.1250 on compound interest for 2 years at 4% per annum. How much loss would Indu has suffered had she given it to Bindu for 2 years at 4% per annum simple interest? Choose the correct choice from the following answers:
A) 1
B) 2
C) 3
D) 4
E) 5
1250 = D(100/4)2   D = 2   Answer: 2
<result>B</result>
Indu gave Bindu Rs.1250 on compound interest for 2 years at 4% per annum. How much loss would Indu has suffered had she given it to Bindu for 2 years at 4% per annum simple interest?