Ramu opened a saving bank account with a bank on 3-4-2005 with a depos – InterviewSolution

InterviewSolution

1.	Ramu opened a saving bank account with a bank on 3-4-2005 with a deposit of Rs 500 .He deposited Rs 50 on 12-4-2005 and thereafter neither deposited nor withdrew any amount .The amount on wihich he would receive interest for the month of april 2005 is ______
Answer» Rs 500 Rs 50 Rs550 none of theabove Solution :Interest will be CALCULATED for the minimum balance beginning FORM the 10th day of the MONTH

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