Indu gave Bindu Rs.6250 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
A) 5  B) 2  C) 10  D) 5  E) 1

Rationale: 6250 = d ( 100 / 4 ) 2 d = 10 answer : c
Answer: C