Question
A page from the pass book of Rakesh is given below:
| Date | Particular | Amount Withdrawn | Amount Deposited | Balance Rs. |
| 09-04-2007 | B/F | ……….. | ……….. | 6100.00 |
| 17-04-2007 | By cash | ……….. | 1900.00 | 8000.00 |
| 22-04-2007 | By cash | 3000.00 | ……….. | 5000.00 |
| 21-05-2007 | By cheque | ……….. | 6000.00 | 11000.00 |
| 06-07-2007 | By cash | 2000.00 | ……….. | 9000.00 |
| 05-08-2007 | By cash | 1000.00 | ……….. | 8000.00 |
| 18-08-2007 | By cash | ……….. | 4000.00 | 12000.00 |
| 11-10-2007 | By cash | ……….. | 2000.00 | 14000.00 |
| 18-12-2007 | By cash | ……….. | 1000.00 | 15000.00 |
Find the interest Rakesh gets for the period April 2007 to December 2007 at 5% per Annum simple interest.
Answer :
Word Count : 63
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Skip in 10
Minimum Balance for the Month
January - 0
February - 0
March -0
April - 5000
May - 5000
June - 1100
July
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