Question

a man has rupees 10000 in his account. He withdraws Rs 2700 per month for two months and deposits Rs 500 more than what he had withdrawn in the last two months, for the next month. What will be the balance in his account after 3 months. Answer with all steps and statements. ​

Answer 1

Step-by-step explanation:

Having 10000 rs

Withdrawal in 1 st month - 2700 rs

Balance for 1 st month - 10000 - 2700

= 7300

Having 7300 rs in second month

Withdrawal= 2700 rs

Balance = 7300 - 2700

= 4600 rs

Deposit in 3 rd month = Withdrawal of 1month + Withdrawal of 2 month + 500 rs

= 2700+2700+500

=5900 rs is the balance after 3 months

Answer 2

Total amt = ₹10000

money withdrawn =₹2700×2=₹5400

balnce after withdraw = 4600

next deposit =₹500 above 5400=5900

after three months = 10500