Every year an amount increases by 1/8th of itself. How much will it be after two years if its present value is Rs.3200? Options:  A) 8100  B) 3388  C) 7767  D) 4050  E) 2288
3200* 9/8 * 9/8= 
<gadget id="calculator">3200* 9/8 * 9/8</gadget>
<output>4_050</output>
4050   Answer: 4050
<result>D</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.3200?