Indu gave Bindu Rs.7500 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 from the following answers
A) 5  B) 2  C) 9  D) 5  E) 12

Rationale: "7500 = d ( 100 / 4 ) 2 d = 12 answer : e"
Answer: E