The population of a town is 10000. It increases annually at the rate of 20% p.a. What will be its population after 1 year?	Choose the correct choice:
A) 12300 B) 12350 C) 12000 D) 12500 E) 12600
Formula :   ( After =100 denominator   Ago = 100 numerator)   10000 Ã— 120/100 = 12000   12000
<result>C</result>
The population of a town is 10000. It increases annually at the rate of 20% p.a. What will be its population after 1 year?