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?
Pick one: A) s . 10 B) s . 7 C) s . 5 D) s . 3 E) s . 4

Rationale: "4375 = d ( 100 / 4 ) 2 d = 7 answer : b"
Answer: B