Indu gave Bindu Rs.4375 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.
A) 1  B) 2  C) 7  D) 4  E) 9
4375 = D(100/4)2   D = 7   Answer:7
<result>C</result>
Indu gave Bindu Rs.4375 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?