The correct option is B 8800
Simple Interest SI=PNR100
So, SI=P×2×12100=Rs0.24P
When interest is compounded, Amount A=P(1+R100)n
So, Amount =P×(1+12100)2=P×1.12×1.12=Rs1.2544P
=>CI=A−P=Rs1.2544P−P=Rs0.2544P
Given, difference CI−SI=Rs126.72
=>0.2544P−0.24P=Rs126.72
=>0.0144P=Rs126.72
=>P=Rs8800