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Shyam borrowed Rs.1,80,000 for repairing his house. This amount is to be refunded in three equal annual installments with interest. If the rate of int
Question

Shyam borrowed Rs.1,80,000 for repairing his house. This amount is to be refunded in three equal annual installments with interest. If the rate of interest is 10% per annum, the amounts payable at the ends of the first, the second and the third year are respectively.

A.

Rs.78,000; Rs.72,000; Rs.66,000

B.

Rs.78,000;Rs.70,000;Rs.65,000

C.

Rs.78,000;Rs,71,000;Rs.67,000

D.

More than one of the above

E.

None of the above

Correct option is A

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