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A Page from a Savings Bank Account Passbook is Given Below: Calculate the Interest for the 6 Months from January to June 2016, at 6% per Annum. and If the Account is Closed on 1st July 2016, Find the Amount Received by the Account Holder.

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प्रश्न

A page from a savings bank account passbook is given below:

Date Particulars Amount
withdrawn (Rs.)
Amount
Deposited (Rs.)
Balance
(Rs.)
Jan 7, 2016 B/F     3,000.00
Jan 10, 2016 By Cheque   2600.00 5600.00
Feb 8, 2016 To Self 1500.00   4100.00
Apr 6, 2016 By Cheque 2100.00   2000.00
May 4, 2016 By Cash   6500.00 8500.00
May 27, 2016 By Cheque   1500.00 10000.00

1) Calculate the interest for the 6 months from January to June 2016, at 6% per annum.

2) If the account is closed on 1st July 2016, find the amount received by the account holder.

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उत्तर

Principal for the month of Jan = Rs. 5600
Principal for the month of Feb = Rs. 4100
Principal for the month of Mar = Rs. 4100
Principal for the month of Apr = Rs. 2000
Principal for the month of May = Rs. 8500
Principal for the month of June = Rs. 10000
Total Principal for one month = Rs. 34300

Rate of interest = 6% pa

1) Simple interest = `"PRT"/100 = (34300xx6xx1)/(100xx12) = Rs 171.50`

2) Total amount Rs.10000 + Rs 171.50 = Rs 10171.50

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Mrs Kapoor opened a Savings Bank Account in State Bank of India on 9th January 2008. Her pass book entries for the year 2008 are given below:

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August 20, 2008 To Cheque 1200 - 19800
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Balance
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