Every year an amount increases by 1/8th of itself. How much will it b – McqOptions

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1.	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?
A.	Rs.81000
B.	Rs.80000
C.	Rs.75000
D.	Rs.64000
Answer» B. Rs.80000

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