The population of a town increased from 3750 in 2008 to 4700 in 2012. Find the absolute and relative (percent) increase.
a) Absolute: 950, Relative: 25.33%
b) Absolute: 950, Relative: 12.67%
c) Absolute: 4750, Relative: 27.33%
d) Absolute: 950, Relative: 20%