The correct option is A 123
In a 28 counter, the range would be from 0-255. Hence to go from 10101100(172)10 to 00100111(39)10 the counter has to go initially 172 to 255 and then from 0 to 39. Hence to go from 172 to 255, 255 -172 = 83 clock pulses would be required.
From 255 to 0, again 1 clock pulse would be required.
Then from 0 to 39, 39 clock pulses would be required.
Hence in total 83+1+39 =123 clock pulses would be required.