Question

*1% discount is offered to the compound interest on Rs. 1200 at 10% p.c.p.a. for 2 years, then what will be the compound interest?*

1️⃣ Rs. 1452
2️⃣ Rs. 252
3️⃣ Rs. 249.48
4️⃣ Rs. 2.52

Answer 1

see the pic that I have attached