Quantitative Aptitude Interest Compound Interest

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∶ 

1
40,174
2
39,930
3
41,261
4
42,592

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