Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.51200?
Choose the correct choice from the following answers:
A) 81000
B) 81028
C) 27772
D) 29889
E) 64800
51200* 9/8 * 9/8= 
<gadget id="calculator">51200* 9/8 * 9/8</gadget>
<output>64_800</output>
64800.Answer:64800
<result>E</result>
Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.51200?