2,40,000 is taken as loan for three years compounded annually at 12.5 % p.a. At the end of first year, the interest is revised to 12 % p.a. The total amount to be repaid at the end of third year is:

• A. 3,38,688
• B. 3,42,648
• C. 3,26,400
• D. 3,34,800