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प्रश्न
A page from the ‘Savings Bank’ account of Priyanka is given below:
Date | Particulars |
Amount (Rs.) |
Amount deposited (Rs.) |
Balance (Rs.) |
03/04/2006 | B/F | 4000.00 | ||
05/04/2006 | By cash | 2000.00 | 6000.00 | |
18/04/2006 | By cheque | 6000.00 | 12000.00 | |
25/05/2006 | By cheque | 5000.00 | 7000.00 | |
30/05/2006 | By cash | 3000.00 | 10000.00 | |
20/07/2006 | By self | 4000.00 | 6000.00 | |
10/09/2006 | By cash | 2000.00 | 8000.00 | |
19/09/2006 | To cheque | 1000.00 | 7000.00 |
If the interest earned by Priyanka for the period ending September 2006 is Rs. 175, the find the rate of interest.
उत्तर
Qualifying principal for various months:
Month | Principal |
April | Rs. 6000 |
May | Rs. 7000 |
June | Rs. 10000 |
July | Rs. 6000 |
August | Rs. 6000 |
September | Rs. 7000 |
Total | Rs. 42000 |
Here, P= Rs. 42,000
Let R% be the rate of interest and T = `1/12` year
Given that the interest, I = Rs.175
Now, `I= (PxxRxxT)/100`
`=> 175 = (42000 xx R xx 1)/(100xx 12)`
`=> R = (175xx100xx12)/42000 = 5%`
Thus, the rate of interest is 5%.
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संबंधित प्रश्न
A page from the savings bank account of Mrs Ravi is given below.
Date | Particulars | Withdrawal (Rs.) |
Deposit (Rs.) | Balance (Rs.) |
April 3rd 2006 | B/F | 6000 | ||
April 7th | By cash | 2300 | 8300 | |
April 15th | By cheque | 3500 | 11800 | |
May 20th | To self | 4200 | 7600 | |
June 10th | By cash | 5800 | 13400 | |
June 15th | To self | 3100 | 10300 | |
August 13th | By cheque | 1000 | 11300 | |
August 25th | To self | 7400 | 3900 | |
September 6th 2006 |
By cash | 2000 | 5900 |
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