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प्रश्न
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 |
| Feb. 11 | By cheque | - | 700·00 | 1,000·00 |
| 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.
उत्तर
Principal for the month of Feb = ₹ 300
Principal for the month of March = ₹ 1,700
Principal for the month of April = ₹ 2,250
Principal for the month of May = ₹ 2,600
Principal for the month of June = ₹ 2,600
Total = ₹ 9,450
Principal for one month = ₹ 9,450
Rate (R) = 5%
Interest at the end of June (I)
= `("P" xx "R" xx "T")/(100)`
= ₹`(9,450 xx 5)/(100) xx (1)/(12)`
= ₹39·38
Balance on July 1 = ₹ (2,600 + 39·38 + 100) = ₹ 2,739·38.
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संबंधित प्रश्न
Given below are the entries in a saving Bank A/C pass book:
| Date | Particulars | Withdrawals | Deposits | Balance |
| Feb 8 Feb 18 April 12 June 15 July 8 |
B/F To self By Cash To Self By Cash |
- Rs. 4,000 - Rs. 5,000 - |
- - Rs. 2,230 - Rs. 6,000 |
Rs. 8,500 4500 6730 1730 7730 |
Calculate the interest for 6 months from February to July at 6% per annum.
A man holds a savings bank account in the union bank of India. A page of his passbook shows the following entries:
| Date | Particulars | Withdrawals (Rs) | Deposits (Rs) | Balance (Rs) |
| May 1 | B/F | 3,200.00 | ||
| May 6 | By Cheque | 500.00 | 3,700.00 | |
| May 17 | By Cheque | 800.00 | 4,500.00 | |
| June 4 | By Cash | 1,300.00 | 5,800.00 | |
| June 9 | To Cheque | 1,650.00 | 4,150.00 |
Calculate the rate of interest per annum if the total interest earned for the months of May and June is Rs. 39.25`
Mrs. Chhabra deposits Rs 500 per month in a recurring deposit account for 4 years at a simple interest rate of 6% pa.
(a) Find the maturity value of deposit.
(b) Find the total interest she will earn after 2 years
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A page from the Savings Bank Account of Mr. Prateek is given below:
| Date | Particulars | Withdrawals (in ₹) |
Deposits (in ₹) |
Balance (in ₹) |
| January 1st, 2006 | B/F | - | - | 1,270 |
| January 7th, 2006 | By Cheque | - | 2,310 | 3,580 |
| March 9th, 2006 | To Self | 2,000 | - | 1,580 |
| March 26th, 2006 | By Cash | - | 6,200 | 7,780 |
| June 10th, 2006 | To Cheque | 4,500 | - | 3,280 |
| July 15th, 2006 | By Clearing | - | 2,630 | 5,910 |
| October 18th, 2006 | To Cheque | 530 | - | 5,380 |
| October 27th, 2006 | To Self | 2,690 | - | 2,690 |
| November 3rd, 2006 | By Cash | - | 1,500 | 4,190 |
| December 6th, 2006 | To Cheque | 950 | - | 3,240 |
| December 23rd, 2006 | By Transfer | - | 2,920 | 6,160 |
If he receives ₹198 as interest on 1st January 2007, find the rate of interest paid by the bank.
Mr. Sharma deposited Rs 500 every month in a cumulative deposit account for 2 years. If the bank pays interest at the rate of 7% per annum, then the amount he gets on maturity is
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.
Salman deposits ₹ 1000 every month in a recurring deposit account for 2 years. If he receives ₹ 26000 on maturity, find:
- the total interest Salman earns.
- the rate of interest.
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 ______.
