There is 100% increase to an amount in 8 years, at simple

There is 100% increase to an amount in 8 years, at simple interest. Find the compound interest of ₹ 8000 after 2 years at the same rate of interest.

Let S.I. = ₹ 100, & Principal = ₹ 100

∴ Rate =	S.I. × 100
	Principal × Time

Rate =	100 × 100	=	25	%
	100 × 8		2

Given , Principal ( P ) = ₹ 8000 , Time = 2 years

∴ C.I. = P			1 +	r		^T	− 1
				100

C.I. = 8000			1 +	25		²	− 1
				200

C.I. = 8000		81	− 1
		64

C.I. =	8000 × 17	= ₹ 2125
	64