b) On January 1, Ramesh had a bank balance of - 3500. Over the next 4 months, his
bank account activity was as follows:
- A monthly salary of 4,000 was credited to his account.
- An amount of $1,000 was debited from his account as part of his monthly rent
payment.
- On January 1, Ramesh paid *460 for a mobile payment plan valid for 4 months.
(i) What is Ramesh's balance at the end of 4 months?
(ii) How much was his equivalent monthly mobile bill payment amount?
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Answer:
∵ Out of 7500 he withdrew Rs. 1500
∴ Out of 100 he withdrew Rs.
7500
1500
×100=Rs20
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