Question

Kalaivani had Rs 5000 in her bank account on 01.01.2018. She deposited Rs 2000 in January and withdrew Rs 700 in February. What was Kalaivani’s bank balance on 01.04.2018, if she deposited Rs 1000 and withdraw Rs 500 in March.

Answer 1

Initial bank balance = Rs 5000; 

Total deposits: January : Rs 2000; March : Rs 1000 

Total deposits upto March = Rs 5000 + Rs 2000 + Rs 1000 = Rs 8000 

Amount withdrawn: February : Rs 700 (-) March : Rs 500 (-) 

∴ Total amount withdrawn = (-700) + (-500) Rs -1200

Net bank balance = Rs 8000 – Rs 1200 = Rs 6800