Indu gave Bindu ₹ 1250 on compound interest for 2 years at per annum. How much loss would Indu has suffered had she given it to Bindu for 2 years at per annum simple interest?
A. ₹ 10
B. ₹ 2
C. ₹ 5
D. ₹ 3
Answer:B
Indu gave Bindu ₹ 1250 on compound interest for 2 years at per annum. How much loss would Indu has suffered had she given it to Bindu for 2 years at per annum simple interest?
A. ₹ 10 B. ₹ 2 C. ₹ 5 D. ₹ 3