Indu gave Bindu Rs.1875 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) s.10 B) s.2 C) s.5 D) s.3 E) s.4
1875 = s.3(100/4)2   s.3 = 3   ANSWER:s.3
<result>D</result>
Indu gave Bindu Rs.1875 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?