A sum of Rs x amounts to Rs 12,777.60 in...

A sum of Rs x amounts to Rs 12,777.60 in 2 years at 15% p.a., when the interest is compounded eight-monthly. The value of x is_______

A

₹9800

B

₹10400

C

₹9600

D

₹10200

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The correct Answer is:

C

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