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 ______A. Rs 500B. Rs 50C. Rs550D. none of the above

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

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 ______A. Rs 500B. Rs 50C. Rs550D. none of the above
Answer» Correct Answer - a Interest will be calculated for the minimum balance beginning form the 10th day of the month

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