Indu gave Bindu Rs.1250 on compound interest for 2 years at 8% 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 choices
A) 1 B) 2 C) 8 D) 4 E) 5
1250 = D(100/4)8   D = 8   Answer: 8
<result>C</result>
Indu gave Bindu Rs.1250 on compound interest for 2 years at 8% per annum. How much loss would Indu has suffered had she given it to Bindu for 2 years at 4% per annum simple interest?