What is the total worth of Lakhirams assets?  Statement 1: Compound interest at 10% on his assets, followed by a tax of 4% on the interest, fetches him Rs. 15000 this year.  Statement 2: The interest is compounded once every four months. Let Lakhirams assets be worth Rs. X.

• A. using 1st Statement only
• B. using 2nd statement only
• C. using both 1st and 2nd statement
• D. using 1st or 2nd statement