Indu gave Bindu Rs.6250 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? Select.
A) 5 B) 2 C) 10 D) 5 E) 1
6250   = D(100/4)2   D = 10   Answer: 10
<result>C</result>
Indu gave Bindu Rs.6250 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?