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Question
Geeta opened a savings bank account in a bank on `7^"th"` Nov., 08 and deposited Rs. 750. She withdrew Rs. 200 on `30^"th"` Nov., 08. If no other withdrawal or deposit was made by her during this month; find the amount on which she would receive interest for the month of Nov., 08.
Solution
Balance on `7^"th"` Nov. = Rs. 750
Balance on `30^"th"` Nov. = Rs750 – Rs. 200 = Rs. 550
Then minimum balance for the month of Nov. = Rs. 550 Ans.
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