Whoops, our bad magento Error

magento click on any products after fresh install of magento Error:
Whoops, our bad…  magento Error

The page you requested was not found, and we have a fine guess why.

* If you typed the URL directly, please make sure the spelling is correct.
* If you clicked on a link to get here, the link is outdated.

What can you do?
Have no fear, help is near! There are many ways you can get back on track with Magento Demo Store.

* Go back to the previous page.
* Use the search bar at the top of the page to search for your products.
* Follow these links to get you back on track!
Solution1: system->cache management->Catalog Rewrites (refresh)
Catalog Rewrites were refreshed successfully

Solution2(for latest magento version): system->cache management->Index Management ->Catalog Url Rewrites ->Reindex Required(red color) click here (refresh), problem solved.

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