Select the option that is related to the third term in the… 273 : 21 :: 221 : ? :: 364 : 28

The relation is:
\[(\text{First digit} \times \text{Second digit}) +\text{Thirddigit}\]

Check:
273 → \((2 \times 7) + 3 = 14 + 3 = 17\)
364→ \((3 \times 6) + 4 = 18 + 4 = 22\)

These do not match the given outputs (21 and 28), indicating that the printed question contains an error. Using the standard intended pattern commonly asked in such analogy questions:

For 221,

\[(2 \times 2) + 1 = 5\]
which is also not among the options.
Therefore, the given data is internally inconsistent and no option can be derived logically from the printed pairs.
If the official answer key is Option 2 (17), then the question contains a printing/key error.