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
64000* 9/8 * 9/8= 
<gadget id="calculator">64000* 9/8 * 9/8</gadget>
<output>81_000</output>
81000   81000nswer:81000
<result>A</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.64000?