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प्रश्न
The following enb·ies are from the saving bank account passbook of Mr. Ratnesh. If the rate of interest paid by the bank is 4. 5°/op.a. calculated at the end of March and September, find the balance in his account at the end of the year.
| Date | Particulars | Withdrawls | Deposits | Balance |
| 03.01.2006 | By B/F | 17900.00 | ||
| 09.01.2006 | To Cash | 3700.00 | 14200.00 | |
| 06.02.2006 | To Cheque | 2450.00 | 11750.00 | |
| 21.02.2006 | By Cash | 15600.00 | 27350.00 | |
| 17.03.2006 | By Cash | 9850.00 | 37200.00 | |
| 31.03.2006 | By Interest | |||
| 06.06.2006 | To Cheque | 4100.00 | ||
| 22.08.2006 | To Cash | 1500.00 | ||
| 05.09.2006 | By Cheque | 17300.00 | ||
| 09.09.2006 | To Cash | 6300.00 | ||
| 30.09.2006 | By Interest | |||
| 04.12.2006 | To Cash | 3000.00 | ||
| 11.12.2006 | By Cheque | 11760.00 |
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उत्तर
| Months | Minimum balance between 10th day and the last day |
| Jan | 14200 |
| Feb | 11750 |
| MAr | 27350 |
Total principal at the end of March =Rs 53,300
Interest at the end of March
= `(53300 xx 4.5 xx 1)/(100 xx 12) = 199.87`
Thus the interest is Rs 200 Now entering the interest in pass book we get the remaining balances as below:
| Date | Particulars | Withdrawls | Deposits | Balance |
| 03.01.2006 | By B/F | 17900.00 | ||
| 09.01.2006 | To Cash | 3700.00 | 14200.00 | |
| 06.02.2006 | To Cheque | 2450.00 | 11750.00 | |
| 21.02.2006 | By Cash | 15600.00 | 27350.00 | |
| 17.03.2006 | By Cash | 9850.00 | 37200.00 | |
| 31.03.2006 | By Interest | 200.00 | 37400.00 | |
| 06.06.2006 | To Cheque | 4100.00 | 33300.00 | |
| 22.08.2006 | To Cash | 1500.00 | 31800.00 | |
| 05.09.2006 | By Cheque | 17300.00 | 49100.00 | |
| 09.09.2006 | To Cash | 6300.00 | 42800.00 | |
| 30.09.2006 | By Interest | 810.00 | 43610.00 | |
| 04.12.2006 | To Cash | 3000.00 | 40610.00 | |
| 11.12.2006 | By Cheque | 11760.00 | 52370.00 |
* Interest calculated below.
For calculating interest at the end of September.
| Months | Minimum balance between 10th day and the last day |
| Apr | 37400 |
| May | 37400 |
| June | 33300 |
| July | 33300 |
| Aug | 31800 |
| Sep | 42800 |
Total principal at the end of September= Rs 216000
Interest = `(216000 xx 4.5 xx 1)/(100 xx 12) = 810`
Now entering the interest in the pass book above, we get the balance Rs 52,370 at the end o year.
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A page from a passbook of savings bank account is given below:
| Date | Particulars | Amount Withdrawn (In Rs) |
Amount Deposits (In Rs) |
Balance (In Rs) |
| 09.08.1999 11.08.1999 05.10.1999 10.10.1999 27.11.1999 29.11.1999 |
By Cash By Cheque To Cheque By Cash By Cheque By Cash |
- - 12,000 - 5,000 - |
10,000 5,000 - 17,000 - 3,000 |
10,000 15,000 3,000 20,000 15,000 18,000 |
The account is closed on 2nd Jan, 2000. Find the amount received, if the rate of interest is 5%
A savings bank account was opened by Mrs. Roy on 3.7.12 and closed on 31.01.13. The entries in the passbook of Mrs. Roy were as given below:
| Date | Particulars | Debit (In Rs) | Credit (In Rs) | Balance (In Rs) |
| 3.7.12 | By cash | 690.00 | ||
| 15.7.12 | By cash | 1,153.00 | ||
| 27.8.12 | By Cheque | 2,468.00 | ||
| 30.8.12 | To cash | 946.00 | ||
| 12.9.12 | To Cheque | 1,000.00 | ||
| 20.11.12 | By Cheque | 3,000.00 | ||
| 26.11.12 | By cash | 750.00 | ||
| 28.11.12 | To Cash | 1,570.00 |
(i) By finding the balance on different dates of entries calculate the interest earned by Mrs. Roy, For the period she had this savings bank account, at the rate of 6% p.a.
(ii) Also, calculate the interest when the principal for every month is taken as the nearest multiple of 10.
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 | ||
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| 11.07.2008 | To Cheque | 9460.00 | c |
Akash, an employee of a bank, has a saving bank account in his bank that pays him
interest at the rate of 5% p.a., which is compounded every June and December. His passbook entries are as follow:
| Date | Particulars | Withdrawals(₹) | Deposits(₹) | Balance(₹) |
| Feb. 3, 1981 | By cash | - | 500·00 | 500·00 |
| Feb, 11 | To cheque no. 371 | 200·00 | - | 300·00 |
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| March 1 | By salary | - | 2,350·00 | 3,350·00 |
| March 4 | To withdrawals slip | 1,500·00 | - | 1,850·00 |
| March 31 | To Urnil | 150·00 | - | 1,700·00 |
| April 1 | By salary | - | 2.350·00 | 4,050·00 |
| April 2 | To Sri Ram | 1,800·00 | - | 2,250·00 |
| May 1 | By salary | - | 2,350·00 | 4,600·00 |
| May 3 | To accountant | 2,000·00 | - | 2,600·00 |
Calculate the interest due at the end of June and find the balance on July 1, if he deposits a cash of? 100 on July 1, which is also entered immediately.
