Step 1: Understanding the Concept:
For a sphere, \(V = \dfrac{4}{3}\pi r^3\) and the surface area is \(S = 4\pi r^2\). The statement says the volume grows at a rate proportional to the surface area.
Step 2: Form the differential equation.
\[ \frac{dV}{dt} = kS \Rightarrow 4\pi r^2\frac{dr}{dt} = k\cdot 4\pi r^2 \Rightarrow \frac{dr}{dt} = k \]
So the radius increases at a constant rate: \(r = kt + C\).
Step 3: Use the data.
At \(t = 0\), \(r = 2\), so \(C = 2\). At \(t = 5\), \(r = 7\), so \(5k = 5\) and \(k = 1\) cm per minute.
Step 4: Find the radius at 12 min.
\(r = 2 + 12 = 14\) cm.
Step 5: Surface area.
\[ S = 4\pi r^2 = 4\times\frac{22}{7}\times 196 = 4\times 22\times 28 = 2464\text{ cm}^2 \]
Final Answer:
The surface area after 12 minutes is 2464 square cm, option (C).
\[ \boxed{2464\text{ sq. cm}} \]