Student: Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.64000?
Options:
(A) 81000
(B) 81007
(C) 81008
(D) 81066
(E) 81022.
Another student: Let's say, hmmm...
64000* 9/8 * 9/8 = 81000 Final answer: (A).