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Below are the entries in a Saving Bank Passbook: DateParticularsWithdrawalDepositBalance01−01−07B/fRs.1400001−02−07By cashRs.11500Rs.2550012−02−07To chequeRs5000Rs.2050005−04−07By cashRs.3750Rs.2425015−04−07To chequeRs.4250Rs.2000009−05−07By cashRs.1500Rs.2150004−06−07By cashRs.1500.Rs.23000 Find the interest for six months (from January to June) at 4% per annum on the minimum balance on or after the tenth day of each month. |
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Answer» Below are the entries in a Saving Bank Passbook: DateParticularsWithdrawalDepositBalance01−01−07B/fRs.1400001−02−07By cashRs.11500Rs.2550012−02−07To chequeRs5000Rs.2050005−04−07By cashRs.3750Rs.2425015−04−07To chequeRs.4250Rs.2000009−05−07By cashRs.1500Rs.2150004−06−07By cashRs.1500.Rs.23000 Find the interest for six months (from January to June) at 4% per annum on the minimum balance on or after the tenth day of each month. |
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