Given below are the entries in a Savings Bank A/c pass book.
Date Particulars Withdrawals Deposite Balance
Feb. $8$ . B/F - - Rs. $8, 500$
Feb. $18$ To self Rs. $4, 000$ - -
April $12$ By cash - Rs. $2, 230$ -
June $15$ To self Rs. $5, 000$ - -
July $8$ By cash - Rs. $6, 000$ -
Calculate the interest for six months from February to July at $6 %$ p.a.

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Solution

Date Particulars Withdrawals Deposite Balance
Feb. $8$ B/F - - Rs. $8, 500$
Feb. $18$ To self Rs. $4, 000$ - Rs. $4, 500$
April $12$ By cash - Rs. $2, 230$ Rs. $6, 730$
June $15$ To self Rs. $5, 000$ - Rs. $1, 730$
July $8$ By cash - Rs. $6, 000$ Rs. $7, 730$
Principal for the month of Feb. =Rs. $4, 500$
Principal for the month of March =Rs. $4, 500$
Principal for the month of April =Rs. $4, 500$
Principal for the month of May =Rs. $6, 730$
Principal for the month of June =Rs. $1, 730$
Principal for the month of July =Rs. $7, 730$
_______________
Total principal from the month of Feb. to July =Rs. $29, 690$
Time $= \frac{1}{12}$ years, Rate of interest $= 6 %$
Interest $= \frac{P \times R \times T}{100}$
$= \frac{29, 690 \times 6 \times 1}{100 \times 12}$
$= R s . 148.45$ .

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Date	Particulars	Withdrawals	Deposite	Balance
Feb. $8$ .	B/F	-	-	Rs. $8, 500$
Feb. $18$	To self	Rs. $4, 000$	-	-
April $12$	By cash	-	Rs. $2, 230$	-
June $15$	To self	Rs. $5, 000$	-	-
July $8$	By cash	-	Rs. $6, 000$	-

Given below are the entries in a Savings Bank A/c pass book.DateParticularsWithdrawalsDepositeBalanceFeb. 8.B/F--Rs. 8,500Feb. 18To selfRs. 4,000--April 12By cash-Rs. 2,230-June 15To selfRs.5,000--July 8By cash-Rs.6,000-Calculate the interest for six months from February to July at 6% p.a.