Question

Find the amount that is left in the student’s bank account, if he has made the following transaction in a month. His initial balance is ₹ 690.
(i) Deposit (+) of ₹ 485
(ii) Withdrawal (-) of ₹ 500
(iii) Withdrawal (-) of ₹ 350
(iv) Deposit (+) of ₹ 89
(v) If another ₹ 300 was withdrawn, what would the balance be?

Answer 1

(i) Initial balance of student’s account = ₹ 690
Deposited amount = ₹ 485 (+)
∴ Amount left in the account = ₹ 690 + ₹ 485 = ₹ 1175

(ii) Balance in the account = ₹ 1175
Amount withdrawn = ₹ 500 (-)
Amount left = ₹ 1175 – ₹ 500 = ₹ 675

(iii) Balance in the account = ₹ 675
Amount withdrawn = ₹ 350 (-)
Amount left = ₹ 675 – ₹ 350 = ₹ 325

(iv) Balance in the account = ₹ 325
Amount deposited = ₹ 89(+)
Amount left = ₹ 325 + ₹ 89 = ₹ 414

(v) Balance in the account = ₹ 414
Amount withdrawn = ₹ 300 (-)
Amount left = ₹ 414 – ₹ 300 = ₹ 114