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
A) Rs.10
B) Rs.2
C) Rs.5
D) Rs.3
E) Rs.4
1250 = D(100/4)2   D = 2   ANSWER:Rs.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?