Formal:
* Oui, je comprends. (This is the most literal and formal translation)
* Je comprends bien. (This emphasizes understanding)
* Je vous comprends parfaitement. (This is very formal and emphasizes perfect understanding)
Informal:
* Oui, d'accord. (This is a common and casual way to say "yes, I understand")
* Je vois. (This means "I see" and is used to show understanding)
* OK. (This is an English word that is commonly used in French)
* Compris. (This is a short and informal way to say "understood")
Other options:
* J'ai compris. (This means "I have understood" and can be used in both formal and informal contexts)
* Bien sûr. (This means "of course" and implies understanding)
The best way to choose the right phrase depends on the situation and your relationship with the person you are speaking to.