Indu gave Bindu Rs.6500 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 option:
A) 12.8
B) 20
C) 10.4
D) 11.6
E) 15
6500 = D(100/4)2   D = 10.4   Answer: 10.4
<result>C</result>
Indu gave Bindu Rs.6500 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?