Aman borrows a sum of ₹192208 at the rate of 15% per annum simple interest. At the end of the first year, he repays ₹20196 towards return of principal...

Question

Aman borrows a sum of ₹192208 at the rate of 15% per annum simple interest. At the end of the first year, he repays ₹20196 towards return of principal amount borrowed. If Aman clears all pending dues at the end of the second year, including interest payment that accrued during the first year, how much does he pay (in ₹) at the end of the second year?

Options

A.

₹226645

B.

₹221777

C.

₹221757

D.

₹230028

simple interestloan repaymentprincipalinterest calculation

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