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The Following Are the Entries in the Passbook of a Saving Account of Ananya During the Year 2007.

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प्रश्न

The following are the entries in the passbook of a saving account of Ananya during the year 2007. If interest is calculated at 5 % pa, find the interest earned by Ananya during the year 

Date Particulars Withdrawals Deposits Balance
01.01.2007 By B/F      6500.00
05.02.2007 By Cheque   7500.00 14000.00
09.02.2007 To Cash 1500.00   12500.00
06.06.2007 By Cash   1725.00 14225.00
08.09.2007 By Cheque   375.00 14600.00
06.11.2007 By Cash   6000.00 20600.00
10.12.2007 To Cheque 2500.00   18100.00
योग
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उत्तर

Months Minimum balance between 10th day and the last day
Jan 6500
Feb 12500
Mar 12500
Apr 12500
May 12500
June 14225
July 14225
Aug 14225
Sep 14600
Oct 14600
Nov 20600
Dec 18100

Principal at the end of Dec. = Rs 1,67,075 

Interest = `(167075 xx 5 xx 1)/(100 xx 12) = 696.14`

Thus, interest is Rs 696. 

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अध्याय 2: Banking - Exercise 3.1 [पृष्ठ ४६]

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फ्रैंक Mathematics Part 2 [English] Class 10 ICSE
अध्याय 2 Banking
Exercise 3.1 | Q 6 | पृष्ठ ४६

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संबंधित प्रश्न

Priyanka has a recurring deposit account of Rs. 1000 per month at 10% per annum. If she gets Rs. 5550 as interest at the time of maturity, find the total time for which the account was held.


John had a S.B. Account in Bank of Baroda. His passbook had the following entries:

Date Particulars Amount Withdrawn
(In Rs)
Amount Deposits
(In Rs)
Balance
(In Rs)
Jan 1, 2000
Jan, 8
Feb 18
May 19
July 15
Oct 7
By Balance
By cash
To Cheque
By Cash
To self
By cash
-
-
10,500
-
2,400
-
-
6,000
-
6,300
-
3,600
9,600
15,600
5,100
11,400
9,000
12,600

On October 30, 2000 John received his transfer order and closed the account. If the amount of interest he received on closing the account on 30th, Oct 2000 is Rs. 310; calculate the rate of interest per annum.


A page from the passbook of Asha is given below:

Date Particulars Amount Withdrawn (Dr) Rs P Amount Deposits (Cr) Rs. P Balance Rs. P
Jan 5
March 7
April 2
April 10
Oct , 6
Dec, 8
Balance B/F
To Cheque
By Cheque
By Cheque
By Cheque
By Cash

1,200.00

 

950.00

 

 

2,300.00
820.00

 

1,700.00

 

3,750.00

 

 

 

Complete the passbook and then calculate the interest for the period January to December 5% per annum.


Mrs. Swami had a savings bank account with the state bank of India, from `13^"th"` Feb 09 to 6th August 09. The following table shows the entries in her passbook for the above said periods. Calculate the interest earned by Mrs. Swami on her S.B. Account up to `31^"st"` July 09 at the rate of 5% per annum.

Date Particulars Amount Withdrawn (Dr) Rs P Amount Deposits (Cr) Rs. P Balance Rs. P
Feb 13 By Cash   500.00 500.00
March 3 By cheque   735.00 1,235.00
March 14 By cheque   1,040.00 2,275.00
May 10 To cheque 240.00   2.035.00
May 22 To cash 430.00   1,605.00
June 19 By cash   780.00 2,385.00
July 26 To cash 980.00   1,405.00

Mr. Punjwanis saving account passbook had the following entries, The bank pays interest at 4.5°/o on all SB accounts. Find the amount received by Mr. Punjwani when he closed the acoount on 2S'h July 08. 

Date Particulars Withdrawls Deposits Balance
05.01.2008 By B/F     24650.00
09.01.2008 By cash   14390.00 39040.00
15.02.2008 To Cheque 7600.00   31440.00
21.02.2008 By Cheque   8350.00 39790.00
07.03.2008 To Cash 4000.00   35790.00
31.03.2008 By Interest       
08.04.2008 By Cheque   13670.00  
12.04.2008 To Cash 6000.00    
01.05.200 By Cheque   17350.00  
16.06.2008 By Cash   9000.00  
27.06.2008 To Cash 4370.00    
04.07.2008 By Cheque   21320.00  
11.07.2008 To Cheque 9460.00   c

Mrs Khandelkar invests Rs 900 every month in a recurring deposit account for a period of 3 years at a simple interest rate of 8% pa

(a) Find the total interest she will earn at the end of the period.
(b) Find the maturity value of her deposits.


A page of Passbook of Mrs. C. Malik Savings Bank Account in year 2002 is given below:

Date Year 2002 Particulars Amount Withdrawn
(in ₹)
Amount Deposited
(in ₹)
Balance
(in ₹)
Jan. 1 By Balance - - 2,100·00
Jan. 7 By Cash - 1,000·00 3,100·00
Feb. 1  By Cash - 500·00 3,600·00
Feb. 15 To Cheque 2,000·00 - 1,600·00
March 15 By Cash - 2,000·00 3,600·00
March 20 To Cheque 1,000·00 - 2,600·00
June 12 By Cash - 3,000·00 5,600·00
June 28 To Cheque 1,000·00 - 4,600·00
Oct. 15 To Cheque 3,000·00 - 4,600·00
Nov. 5 By Cash - 1,500·00 3,100·00
Dec. 10 By Cash - 500·00 3,600·00
Dec. 20 To Cheque 1,000·00 - 2,600·00

If the rate of interest decreases from 5% to 4% with effect from June 1st, 2002, compute the interest at the end of the year.


Given the following details, calculate the simple interest at the rate of 6% per annum up to June, 30:

Date Debit (in ₹) Credit (in ₹) Balance (in ₹)
January 1 - 24,000·00 24,000·00
January 20 5,000·00 - 19,000·00
January 29 - 10,000·00 29,000·00
March 15 - 8,000·00 37,000·00
April 3 - 7,653·00 44,653·00
May 6 3,040·00 - 41,613·00
May 8 - 5,087·00 46,700·00

Mrs. Goswami deposits Rs. 1000 every month in a recurring deposit account for 3 years at 8% interest per annum. Find the matured value. (2009)


Salman deposits ₹ 1000 every month in a recurring deposit account for 2 years. If he receives ₹ 26000 on maturity, find:

  1. the total interest Salman earns.
  2. the rate of interest.

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