Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.32000?	Choose the most appropriate option:
A) 81000
B) 33888
C) 77678
D) 200988
E) 40500
32000* 9/8 * 9/8= 
<gadget id="calculator">32000* 9/8 * 9/8</gadget>
<output>40_500</output>
40500   Answer: 40500
<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.32000?