Mr. Arvind holds an account in Canara Bank. The following are the entr

1.	Mr. Arvind holds an account in Canara Bank. The following are the entries from his passbook: DateParticularsWithdrawals(inRs)Deposits(inRs)Balance(inRs)Jan.3,07B/F−−2642.00Jan16Toself640.00−2002.00March5ByCash−850.002852.00April10Toself1130.00−1722.00April25Bycheque−650.002372.00June15Bycash577.00−1795.00 If the rate is 4% p.a., calculate the interest from January 2007 to June 2007.
Answer» Mr. Arvind holds an account in Canara Bank. The following are the entries from his passbook: $\begin{matrix} D a t e & P a r t i c u l a r s & W i t h d r a w a l s (i n R s) & D e p o s i t s (i n R s) & B a l a n c e (i n R s) J a n . 3, 07 & B / F & - & - & 2642.00 J a n 16 & T o s e l f & 640.00 & - & 2002.00 M a r c h 5 & B y C a s h & - & 850.00 & 2852.00 A p r i l 10 & T o s e l f & 1130.00 & - & 1722.00 A p r i l 25 & B y c h e q u e & - & 650.00 & 2372.00 J u n e 15 & B y c a s h & 577.00 & - & 1795.00 \end{matrix}$ If the rate is 4% p.a., calculate the interest from January 2007 to June 2007.

Mr. Arvind holds an account in Canara Bank. The following are the entries from his passbook: DateParticularsWithdrawals(inRs)Deposits(inRs)Balance(inRs)Jan.3,07B/F−−2642.00Jan16Toself640.00−2002.00March5ByCash−850.002852.00April10Toself1130.00−1722.00April25Bycheque−650.002372.00June15Bycash577.00−1795.00 If the rate is 4% p.a., calculate the interest from January 2007 to June 2007.

Answer»

Mr. Arvind holds an account in Canara Bank. The following are the entries from his passbook:

$\begin{matrix} D a t e & P a r t i c u l a r s & W i t h d r a w a l s (i n R s) & D e p o s i t s (i n R s) & B a l a n c e (i n R s) J a n . 3, 07 & B / F & - & - & 2642.00 J a n 16 & T o s e l f & 640.00 & - & 2002.00 M a r c h 5 & B y C a s h & - & 850.00 & 2852.00 A p r i l 10 & T o s e l f & 1130.00 & - & 1722.00 A p r i l 25 & B y c h e q u e & - & 650.00 & 2372.00 J u n e 15 & B y c a s h & 577.00 & - & 1795.00 \end{matrix}$

If the rate is 4% p.a., calculate the interest from January 2007 to June 2007.

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