Mrs- Kapoor opened a savings bank account on 9th Jan- 2008 - Her entries are Date Particulars Withdrawal Deposit Balance 9th Jan By Cash 10-000 10-000 12th Feb By Cash 15-500 25-500 6th April To Cheque 3-500 22-000 30th April To Self 2-000 20-000 16th July By Cheque 6-500 26-500 4th Aug To Self 5-500 21-000 20th Aug To Cheque 1-200 19-800 12th Dec By Cash 1-700 21-500 Mrs Kapoor closes the account on 31st Dec- 2008 - If the bank pays interest at 4 - per annum- find the interest he receives on closing the account- Give your answer to the nearest Re-A- 350B- 341C- 1364D- 682E- 683

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Mrs. Kapoor opened a savings bank account on 9th Jan. 2008. Her entries are

Mrs Kapoor closes the account on 31st Dec., 2008. If the bank pays interest at 4% per annum, find the interest he receives on closing the account. Give your answer to the nearest Re.

350

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341

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1364

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682

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683

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Solution

The correct option is D
682

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Mrs. Kapoor opened a savings bank account on 9th Jan. 2008. Her entries are Mrs Kapoor closes the account on 31st Dec., 2008. If the bank pays interest at 4% per annum, find the interest he receives on closing the account. Give your answer to the nearest Re.

The correct option is D 682

Mrs. Kapoor opened a savings bank account on 9th Jan. 2008. Her entries are

Mrs Kapoor closes the account on 31st Dec., 2008. If the bank pays interest at 4% per annum, find the interest he receives on closing the account. Give your answer to the nearest Re.

The correct option is D
682