The population of a town is 8500. It increases by 20% in the first year and by another 25% in the second year. What would be the population of the town after 2 years ?

A. 10950

B. 11950

C. 12550

D. 12750

E. None of these

Answer: Option D

Solution(By Examveda Team)

Population after 2 years :
$$\eqalign{ & = 8500 \times \left( {1 + \frac{{20}}{{100}}} \right)\left( {1 + \frac{{25}}{{100}}} \right) \cr & = \left( {850 \times \frac{6}{5} \times \frac{5}{4}} \right) \cr & = 12750 \cr} $$