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A Page from a Passbook of Savings Bank Account is Given Below: the Account is Closed on 2nd Jan, 2000. Find the Amount Received, If the Rate of Interest is 5% -

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प्रश्न

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Date Particulars Amount Withdrawn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%

उत्तर

Minimum balance for August = Rs.10,000
Minimum balance for September = Rs. 15,000
Minimum balance for October = Rs. 20,000
Minimum balance for November = Rs. 15,000
Minimum balance for December = Rs. 18,000
Minimum balance for January = Rs. 0
Total principal = Rs. 78,000

Rate = 5% p.a. and time =`1/12`year

∴ S.I = `(PxxRxxT)/100 = Rs. (78,000xx5xx1)/(100cc12) = Rs. 325`

Then Amount received = Rs. 18,000 + Rs. 325 = Rs. 18,325 Ans

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