Indu gave Bindu Rs.3750 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? Answers
A) 1 B) 2 C) 6 D) 4 E) 9
3750 = D(100/4)2   D = 6   Answer:6
<result>C</result>
Indu gave Bindu Rs.3750 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?