Raghav buys a shop for ₹ 120000. He pays
half of the amount in cash and agrees to pay
the balance in 12 annual installments of ₹ 5000
each. If the rate of interest is 12% and he pays
the interest due on the unpaid amount with the
installment. Find the total cost of the shop.
A₹156800
B₹156700
C₹165200
D₹166800