Shyam borrowed Rs. 1,80,000 for repairing his house. This amount is to be refunded in three equal annual instalments with interest. If the rate of interest is 10% per annum, the amounts payable at the ends of the first, the second and the third year are respectively.
1
Rs. 78,000; Rs. 72,000; Rs. 66,000
2
Rs. 78,000; Rs. 70,000; Rs. 65,000
3
Rs. 78,000; Rs. 71,000; Rs. 67,000
4
More than one of the above
5
None of the above