Gaurav’s bank balance was Rs. 2000. In a month he deposited Rs. 300, Rs750 and Rs. 450. He also withdrew Rs. 1950 in that month. Find Gaurav’s balance at the end of the month.
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Given:-
Gaurav's balance was 2000 in a month he deposited 300, 750 and 450 and issued cheques worth 700 and 1250.
To Find:
Find the balance in Gaurav's account at the end of the month?
Solution:
Gaurav's account balance = Rs.2000
He deposited 300, 750 and 450
Total amount deposited = 300+750+450=1500
Gaurav's account balance after depositing the money = 2000+1500-3500
Now Cheques issued worth 700 and 1250
So, Amount after clearance of cheques = 3500-(700+1250)=1550
Hence the balance in Gaurav's account at the end of the month is Rs.1550.
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