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A man invested Rs 40,000 in mutual fund ...

A man invested Rs 40,000 in mutual fund for 3 years. In first year, his amount is increased by `10%` in `2^(nd)` year his amount is decreased by `X%` and in `3^(rd)` years, his amount is again increased by `20%` and he got Rs 4880 more at the end. Find value of X?

A

15

B

`12.5`

C

20

D

`13 (1)/(3)`

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The correct Answer is:
A
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