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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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संबंधित प्रश्न
Shahrukh opened a Recurring Deposit Account in a bank and deposited Rs 800 per month for 1 1/2 years. If he received Rs 15084 at the time of maturity, Find the rate of interest per annum.
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.
Mrs. N. Batra has a savings bank account with the Punjab National bank. She had the following transactions (from 1st January, 2007 to 31st December, 2007) with the bank:
(i) 01-01-2007; B/F Rs. 8,764/-
(ii) 13-03-2007; deposited Rs. 6,482
(iii) 22-06-2007; withdrew Rs. 4,369
(iv) 09-08-2007; withdrew Rs. 1,333
(v) 24-11-2007; Deposited Rs. 2,158
Calculate the interest the accrured upto 31st December, 2007: if the rate of interest is 5% compounded yearly and the principle for every month is taken as the nearest multiple of Rs.10.
Taking the rate of interest as 6% per annum, find the amount that Mr. verma gets on closing the account.
Mr. Banerjee opens a recurring deposit account for Rs 3,000 per month at 9% simple interest pa. On maturity, he gets Rs. 1,70,460. Find the period for which he continued with the account.
The entries in the passbook of a Saving Bank Account holder are as follows:
| Date | Particulars | Withdrawals(₹) | Deposits(₹) | Balance(₹) |
| Feb. 12, 1986 | By cash | - | 2,000·00 | 2,000·00 |
| March 10 | By cash | - | 1,100·00 | 3,100·00 |
| April 20 | To cheque no. 231 | 800·00 | - | 2,300·00 |
| April 25 | By cash | - | 700·00 | 3,000·00 |
| May 11 | To cheque no. 232 | 700·00 | - | 2,300·00 |
| July 2 | By cash | - | 400·00 | 2,700·00 |
| July 8 | By cash | - | 500·00 | 3,200·00 |
| Aug. 10 | By cash | - | 600·00 | 3,800·00 |
| Aug. 28 | To cheque no. 233 | 200·00 | - | 3,600·00 |
Rate of interest is 5% per annum. Calculate the interest due if the account is closed on:
(i) September 29, 1986
(ii) October 1, 1986.
Mr. Dhruv deposits Rs 600 per month in a recurring deposit account for 5 years at the rate of 10% per annum (simple interest). Find the amount he will receive at the time of maturity.
Rajiv Bhardwaj has a recurring deposit account in a bank of Rs 600 per month. If the bank pays simple interest of 7% p.a. and he gets Rs 15450 as maturity amount, find the total time for which the account was held.
₹ 900 is deposited every month in a recurring deposit account at 10% rate of interest, the interest earned in 8 months is ______.
A certain money is deposited in a recurring deposit account for 15 months. If the interest earned for this deposit is one-fifth of the monthly instalment; the rate of interest is ______.
