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प्रश्न
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.
उत्तर
Month Qualifying amount(₹)
January = 3,580
February = 3,580
March = 1,580
April = 7,780
May = 7,780
June = 3,280
July = 3,280
August = 5,910
September = 5,910
October = 2,690
November = 4,190
December = 3,240
Total 52,800
Interset = `(52,800 xx "R" xx (1)/(2))/(100)`
198 = `(528)/(12)"R"`
R = `(198 xx 12)/(528)`
= 4.5%.
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