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