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Question
Kalaivani had ₹ 5000 in her bank account on 01.01.2018. She deposited ₹ 2000 in January and withdrew ₹ 700 in February. What was Kalaivani’s bank balance on 01.04.2018, if she deposited ₹ 1000 and withdraw ₹ 500 in March?
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Solution
Initial bank balance = ₹ 5000
Total deposits: January: ₹ 2000
March: ₹ 1000
Total deposits upto March = ₹ 5000 + ₹ 2000 + ₹ 1000
= ₹ 8000
Amount withdrawn: February: ₹ 700(–)
March: ₹ 500(–)
∴ Total amount withdrawn = ₹ (−700) + ₹ (−500)
= ₹ −1200
Net bank balance = ₹ 8000 – ₹ 1200
= ₹ 6800
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