Question

Principal=10000, Rate = 12%, Time = 2 years, SI = ?
​

Answer 1

$\huge\underbrace\red{Answer}$

2 years simple interest is 2400 rupees and total amount after 2 years is 10000 + 2400 = 12400 rupees. Compound interest is 2544 because principal before calculation is 10000 and now principal is 12544 it means that compound interest is 2544 rupee