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Question

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Answers

Answer these questions based on the information given below. A page from Giri's pass book is given below. He closed his account on $2^{\text {nd }}$ July, 2007. Assume there were no transactions involving his account after May $18^{\text {th }} 2007$. $$ \begin{array}{lllll} \hline \multicolumn{1}{c} {\text { Data }} & \multicolumn{1}{c} {\text { Particular }} & \text { Withdrawn } & \text { Deposited } & \multicolumn{1}{c} {\text { Balance }} \\ \hline \begin{array}{ll} \text { January } 2,07 \\ \text { January } 14,07 \end{array} & \text { B/F } & - & - & 4000 \\ \text { February } 14,07 & \text { By cash } & - & 5000 & 9000 \\ \text { April 7, } 07 & \text { To self } & 3000 & & 6000 \\ \text { May } 8,07 & \text { By cash } & & 2000 & 8000 \\ \text { May } 18,07 & \text { To self } & 5500 & & 2500 \\ \hline \end{array} $$ If the bank paid Giri interest at $8 \%$ p. a, then find the interest received by Giri on closing his account (in Rs) approximately. (1) 226 (2) 280 (3) 237 (4) 240

This is a problem seven. And it says Kamal deposited rupees 550 per month in recurring deposit account For 1.5 years at 8% per annum. Find the interest that camel will receive at the end of majority. So there are two important things that is number one that it is a recurring deposit account and number two that Kamal the camel had investigated for 1.5 years. Really sorry for that. Mm So we know the form. So what is the formula for simple interest for recording for recording deposit account. It is b into an into endless one over to Into when when I was 12 and two rate. So here here's depositing repeats 550 per month. What is these? 5:15 and would be Yeah, he is a merciful 1.5 years. And then how many months are they in 1.5 years? There are 18 months. So an is 80, An endless one is 19 Over two into 1/12 and parade which is eight If I do the required match 550 into 18. Okay moment. Yeah. Mhm. Really? Mhm. We get 6:27 which is option two of the possible correct answers. So I hope the explanation was helpful and clear. Thank you for your time

So he has $20,000 to invest that he wants toe own 11% interest, and he'll invest some of this money in 8% and some in 12% interest. So he has $20,000 in total. So let us say he invests eggs in the 12% interest, Um, category. Then he's left for 20,000 minus necks to invest in the 8% category. So the total interest which he owns will be 12% or 12. 500 for the X amount that he invested in that category and then 8% 8, 500 and the for this amount. So 20 1000 minus X. Now he wants that he should get a total of 11% interest. So he wants a 11% 11 by 100 off 2000 Sorry of 20,000 Toby. His interest So we can solve this. Now there's 100 everywhere here, which can be taken up 12 x minus eight x, which is four X because 11 multiplied by 20,000 Sorry, 11 multiplied by 20,000 minus eight multiplied by 20,000 and mhm. Now this is three multiplied by 20,000, so x is three by four off 20,000. Our X is equal to 15,000. Oh. Uh huh. So he'll invest 15,000 in the 12% category and the remaining 5000, So 15,000 in the 12% category and 5000 in the 8% category that stands.

This is problem # 27. And it tastes Movement. Made a positive reveals 15,000 in a bank. On 1st January 4, 219 days. 112% per annum. Simple interest find the maturity value. So we know how. So for the finding majority value we need to first find the interest and and then we will add that interest with the principal value. So the formula for interest simply P. Into our into T. Where P. Is a personal value. R. Is the rate of interest rate of interest and T. Is time. So principal value is 70 15,000 piece. I read is 12 person which is 12/00 and time was 219 days. But since our interest is for and then we need to convert to 290 days, 219 days in two years. So I will divided by 365 which is total number of years in total number of days in a year. And if I take my calculator out 15,012 over 100 into uh 119 over 3 65 I get 1080 as my interest. Now the maturity value is principal value interest. My principal value was 15,000 piece and my interest is 1000 18 piece Which makes the majority value of Rs 16,080. Yeah It is. So the and the 16,000 and idea is option number three of the possibility of transfer. So I hope the explanation is was clear and helpful. Thank you for your time

Thanks for being with you. And they in baseball amount 50,000 heard the deposited for time of one year. And the rate is Sick. Sorry 12 30 years. That is it is component for half yearly. So the end will be too half years in the late For half year will be 4-6 for half year. Now we can find the amount after maturity which will be good to but he's in from that amount is equal to Principle into one class. Really do it by 100 power. Yeah. Well secured your 50 1000 into one place 61 500 or square. And we saw this in a week or two 50,000 Into 165 by 100 square when you take square. And so we get a 0-50 1000 multiplied by 1.1236. When you further by this we get amount is the co two 56118. This is the answer of this question in the correct option between cells. That is option but to 56,180. Thank you for watching video.


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