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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:Mrs. Kapoor Closes the Account on 31st December, 2008. - Mathematics

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प्रश्न

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

Date Particulars Withdrawals
(in ₹)
Deposits
(in ₹)
Balance
(in ₹)
Jan. 9, 2008 By cash - 10,000 10,000
Feb. 12, 2008 By cash - 15,500 25,500
April 6, 2008 To Cheque 3,500 - 22,000
April 30, 2008 To Self 2,000 - 20,000
July 16, 2008 By Cheque - 6,500 26,500
August 4, 2008 To Self 5,500 - 21,000
August 20, 2008 To Cheque 1,200 - 19,800
Dec. 12, 2008 By Cash - 1,700 21,500

Mrs. Kapoor closes the account on 31st December, 2008. If the bank pays interest at 4% per annum, find the interest Mrs. Kapoor receives on closing the account. Give your answer correct to the nearest rupee.

योग
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उत्तर

Month Minimum Balance (₹)
January 10,000
February 10,000
March  25,500
April 20,000
May 20,000
June 20,000
July 20,000
August 19,800
September  19,800
October 19,800
November  19,800
Total ₹2,04,700

S.I. = `"PRT"/(100)`

= `(2,04,700 xx 1 xx 4)/(100 xx 12)`

= ₹ 682.33

= ₹ 682.

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