An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment was?

• A. Rs. 2,96,200
• B. Rs. 2,42,200
• C. Rs. 2,25,600
• D. Rs. 2,16,000