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) 4  B) 29  C) 8  D) 2  E) 1
1250 = D(100/4)2   D = 2.Answer: 29
<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?