Task: Question Answering
Input (English): Problem: two years ago , ram put $ 1,000 into a savings account . at the end of the first year , his account had accrued $ 100 in interest bringing his total balance to $ 1,100 . the next year , his account balance increased by 20 % . at the end of the two years , by what percent has sam ' s account balance increased from his initial deposit of $ 1,000 ? 
Options: a ) 40 % , b ) 25 % , c ) 35 % , d ) 30 % , e ) 32 %
Output (English): e