A sum amounts to Rs.37,044 in 3 years at 5% p.a., interest is compounded yearly. If the same sum amounts to Rs.x in 2 years at 15% p.a. when the interest is compounded 8-monthly, then the value of x (in Rs) is∶

A sum amounts to Rs.37,044 in 3 years at 5% p.a., interest is compound

1.	A sum amounts to Rs.37,044 in 3 years at 5% p.a., interest is compounded yearly. If the same sum amounts to Rs.x in 2 years at 15% p.a. when the interest is compounded 8-monthly, then the value of x (in Rs) is∶
A.	40,174
B.	39,930
C.	41,261
D.	42,592
Answer» E.

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A sum amounts to Rs.37,044 in 3 years at 5% p.a., interest is compounded yearly. If the same sum amounts to Rs.x in 2 years at 15% p.a. when the interest is compounded 8-monthly, then the value of x (in Rs) is∶

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