Question

anil deposited or sum of rupees 500 in his bank on 5 august on 17 october he withdrew whatever interest had accured in his account at the same time he withdrew rupees hundred from his deposit he later withdrew the balance amount left in his account with interest on 29 December What sums did he receive on these two dates in the bank paid interest of 5% per annum​

Answer 1

Answer:

Rs 105

Rs 404

Step-by-step explanation:

Principle = Rs 500

Rate of ineterest = 5% per annum

= 5/365  % Per Day

= 1/73 % Per Day

Days from 5 Aug to 17 Oct = 26 + 30 + 17 = 73

Interest = 500 * (1/73) * 73 /100  = 5 Rs

Amount Withdrawn = 5 + 100 = Rs 105

Amount Left = 500 - 100 = Rs 400

17 Oct to 29 dec  = 14 + 30 + 29 = 73 Days

Interest = 400 * (1/73) * 73/100 = Rs 4

Amount witdrawn = 400 + 4 = Rs 404

Answer 2

Answer:

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