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 options:
A) s.10	B) s.7	C) s.5	D) s.3	E) s.4
4375 = D(100/4)2   D = 7   ANSWER:s.7
<result>B</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?