Multiple choice

Sudhir opended a savings bank account in a bank on 18th March. His passbook has the following entries: Date Particulars Amount withdrawn (in Rs.) Amount Deposited (in Rs.) Balance (in Rs.) March, 18 By cash 1000.00 1000.00 March, 25 By Cheque 2000.00 3000.00 April, 5 To cheque 200.00 2800.00 April, 10 By cash 2500.00 5300.00 April, 18 To cash 500.00 4800.00 May, 3 To cash 1000.00 3800.00 May, 21 By cheque 3000.00 6800.00 June, 5 By cash 1500.00 8300.00 Sudhir closes the account on 18th June. Calclate the interest earned by her at 10% per annum.

  1. Rs. 716.67

  2. Rs. 71.67

  3. Rs. 70.00

  4. Rs. 84.16

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B Correct answer