Teacher:Given a math problem with context and a question and 5 answer choices, the task is to provide the correct answer choice based on the problem. You must choose one of the given answer choices by letter: a, b, c, d, or e; anything else is invalid.
Teacher: Now, understand the problem? Solve this instance: Problem: the present population of a town is 2000. population increase rate is 20 % p. a. find the population of town after 1 years ?
Options: a. 1000, b. 2400, c. 1500, d. 1600, e. 1250
Student:
b