Indu gave Bindu Rs.1250 on compound interest for 2 years at 8% per annum. How much loss would Indu has suffered had she given it to Bindu for 2 years at 4% per annum simple interest? Select the correct option:
A) 1 B) 2 C) 8 D) 4 E) 5

Rationale: "1250 = d ( 100 / 4 ) 8 d = 8 answer : c"
Answer: C