An introductory exercise is

An introductory exercise is to classify the uppercase letters of the English alphabet according to homeomorphism and homotopy equivalence. The result depends partially on the font used. The figures use a sans-serif font named Myriad. Notice that homotopy equivalence is a rougher relationship than homeomorphism; a homotopy equivalence class can contain several of the homeomorphism classes. The simple case of homotopy equivalence described above can be used here to show two letters are homotopy equivalent, e.g. O fits inside P and the tail of the P can be squished to the "hole" part.
Thus, the homeomorphism classes are: one hole two tails, two holes no tail, no holes, one hole no tail, no holes three tails, a bar with four tails (the "bar" on the K is almost too short to see), one hole one tail, and no holes four tails.
The homotopy classes are larger, because the tails can be squished down to a point. The homotopy classes are: one hole, two holes, and no holes.
To be sure we have classified the letters correctly, we not only need to show that two letters in the same class are equivalent, but that two letters in different classes are not equivalent. In the case of homeomorphism, this can be done by suitably selecting points and showing their removal disconnects the letters differently. For example, X and Y are not homeomorphic because removing the center point of the X leaves four pieces; whatever point in Y corresponds to this point, its removal can leave at most three pieces. The case of homotopy equivalence is harder and requires a more elaborate argument showing an algebraic invariant, such as the fundamental group, is different on the supposedly differing classes.
Letter topology has some practical relevance in stencil typography. The font Braggadocio, for instance, has stencils that are made of one connected piece of material.

- from http://en.wikipedia.org/wiki/Topology

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