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Given Below Are the Entries in a Savings Bank A/C Passbook:Calculate the Interest for Six Months from February to July at 6%P.A.

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प्रश्न

Given below are the entries in a Savings Bank A/c passbook:

Date Particulars Withdrawals
(in ₹)
Deposits
(in ₹)
Balance
(in ₹)
Feb 8 B/F - - ₹ 8,500
Feb 18 To self ₹ 4,000 - -
April 12 By cash - ₹ 2,230 -
June 15 To self ₹ 5,000 - -
July 8 By cash - ₹ 6,000 -

Calculate the interest for six months from February to July at 6 % p.a.

योग
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उत्तर

Date Particulars Withdrawals
(in ₹)
Deposits
(in ₹)
Balance
(in ₹)
Feb 8 B/F - - ₹ 8,500
Feb 18 To self ₹ 4,000 - ₹ 4,500
April 12 By cash - ₹ 2,230 ₹ 6,730
June 15 To self ₹ 5,000 - ₹ 1,730
July 8 By cash - ₹ 6,000 ₹ 7,730

Qualifying amount for interest
for the month of February = ₹ 4,500
for the month of March     = ₹ 4,500
for the month of April        = ₹ 4,500
for the month of May         = ₹ 6,730
for the month of June         = ₹ 1,730
for the month of July          = ₹ 7,730
                          Total           ₹ 29,690

Interest = `(29,690 xx 6 xx 1)/(100 xx 12)`
= ₹ 148·45.

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01.01.03
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