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? `10950` b. `11950` c. `12550` d. `12750`

Options

A. 10,950
B. 12,750
C. 11,950
D. 12,550

Answer

B