The Compound interest earned on Rs. x in 3rd year is equal to the simple interest of 1 year on Rs. 33880. If the rate of compound interest is 10% per annum and the rate of simple interest is 25% per annum. Find the value of Rs x which was given on Compound Interest.

1
Rs. 44000
2
Rs. 45000
3
Rs. 68000
4
Rs. 70000
5
None of these

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