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Let Q be $(2t, t^2)$ on the parabola $x^2 = 4y$.
Let P(h, k) divide OQ in the ratio 2:3. Then,
$h = \frac{2(2t) + 3(0)}{2+3} = \frac{4t}{5}$ and $k = \frac{2(t^2) + 3(0)}{2+3} = \frac{2t^2}{5}$
So, $t = \frac{5h}{4}$ and $k = \frac{2}{5} (\frac{5h}{4})^2 = \frac{2}{5} \cdot \frac{25h^2}{16} = \frac{5h^2}{8}$
Therefore, the locus of C(h, k) is $5x^2 = 8y$.
The equation of the chord of $5x^2 = 8y$ bisected at (1, 2) is given by $T = S_1$, where $T = 5x(1) - 4(y+2)$ and $S_1 = 5(1)^2 - 8(2)$.
So, $5x - 4y - 8 = 5 - 16 = -11$
$5x - 4y - 8 + 11 = 0$
$5x - 4y + 3 = 0$
Correct Answer: $5x-4y+3=0$
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