Indu gave Bindu Rs.3125 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) s.10 B) s.2 C) s.5 D) s.3 E) s.4
3125 = D(100/4)2   D = 5   ANSWER:s.5
<result>C</result>
Indu gave Bindu Rs.3125 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?