A took voluntary retirement on February 1st, 2014, and received 10 lakhs as retirement benefits. As on that day he also had Rs 3 lakhs in the bank. Of the total amount he had, 60% was invested in the bank which gives an annual compounded interest of 15%, for three years. Of the remaining part, half was invested in shares, which appreciated by 15% in the first year, 6% in the second year, and depreciated by 10% the next year. The remaining part was invested in real estate. The real estate values increased by 10% in the first year, reduced by 10% in the next year, and remained steady in the third year.
What was the value (in rupees lakhs) of A’s investment on February 1st, 2015?
A) 21 lakhs
B) 14.82 lakhs
C) 15.36 lakhs
D) 15.97 lakhs
How would you solve it ?