Find CI on Rs 12600 for 2 years at 10% per annum compounded annually.

Explanation

To find the compound interest (CI) on Rs 12,600 for 2 years at 10% per annum compounded annually, we will follow these steps:

### Step 1: Identify the formula for compound interest
The formula to calculate the amount (A) after n years with compound interest is:
\[ A = P \left(1 + \frac{r}{100}\right)^n \]
where:
- \( A \) = Amount after n years
- \( P \) = Principal amount (initial investment)
...