The population of a town is 10000. It increases annually at the rate of 25% p.a. What will be its population after 2 years? Choices:
A) 14000
B) 14400
C) 14500
D) 15625
E) 14700

Rationale: formula : 10000 × 125 / 100 × 125 / 100 = 15625 answer : d
Answer: D