Step 1: General Term
$T_{r+1} = {}^{10}C_r (\frac{x}{3})^{\frac{10-r}{2}} (\frac{3}{2x^2})^{\frac{r}{2}}$.
Step 2: Exponent of x
Power of $x = \frac{10-r}{2} - r = \frac{10 - 3r}{2}$.
Step 3: Condition
For term independent of $x$: $10 - 3r = 0 \Rightarrow r = 10/3$.
Step 4: Conclusion
Since $r$ must be an integer ($0 \le r \le 10$), no such term exists.
Hence, the Answer is: (D)