Recently I have purchased a reserved instance EC2 t2.medium.
There is no option to start and stop, whereas my freetire has all the features including stop, start, with public ip, etc.
Please Suggest me, how to use and work around reserved instance||
Reseverd instances are not started or stopped, they merely present the reservation of an on-demand instance at a reduced price. In order to use your reserved instance, you just need to have an instance of the same type as your reserved one already launched, or launch an on-demand instance of the same type and the reservation will be allocated to your instance. The only thing you need to make sure is that the servers will be started in the same availability zone as your reserved instance (for example - if your reserved instance is for us-east-1c AZ you have to choose the same AZ for your on-demand instance)
To make sure you are using the full amount of reserved instances at your disposal, you can check the reports section of your ec2 dashboard. the EC2 Reserved Instance Utilization reports will show you the amount of reserved instance being utilized.
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