A man takes a loan of Rs 216000 from a bank, to be returned in three y – McqOptions

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1.	A man takes a loan of Rs 216000 from a bank, to be returned in three years at a rate of 16.67% p.a. compound interest. The man returns Rs 84000 and Rs 58000 after first and second year. How much money will he have to return after third year to settle the loan?
A.	Rs. 161000
B.	Rs. 138000
C.	Rs. 152000
D.	Rs. 175000
E.	None of these
Answer» B. Rs. 138000

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