Question

Mr Gupta deposited $₹$$50000$ in a bank; however he withdrew $₹$ $26000$ for his daughter's marriage,$₹$$15000$ for paying his son's tuition fees and $₹$$5000$ for his monthly expenses. Calculate the balance amount left in the bank.

Answer 1

Step 1: Find the sum of total expenses

Amount in bank$=$$₹50000$

Total expenses are-

Expense for daughter's marriage$=₹26000$

Expense for son's tuition fees$=₹15000$

Other monthly expenses$=₹5000$

Sum of total expenses $=26000+15000+5000=₹46000$

Step 2: Calculating the balance amount left in the bank

Balance amount left in the bank $=$ Amount in the bank $-$ Sum of total expenses

$$\begin{gathered} =50000-46000 \\ =₹4000 \end{gathered}$$

Hence, balance amount left in the bank is $₹$$4000$.