Question: 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) 22887
(C) 26877
(D) 26771
(E) 17121 Let's think first. Some random reasoning:
64000* 9/8 * 9/8 = 81000 The final answer: (A).