On January 1, Ramesh had a bank balance of Rs - 500 over the next 4 months his bank account activity was as follows
A monthly salary of R4,000 was credited to his account.
An account of Rs 1,000 was debited from his account as part of his monthly rent payment.
On January 1st Ramesh paid Rs 460 for a mobile payment plan valid for 4 months.
What is Ramesh's balance at the end of 4 months?
How much was his equivalent monthly mobile bill payment amount?
Answers
Answer:
ramesh balance at the end of 4th months= 500+4000-1000-460=3040
his equivalent monthly mobile bill payment amount is 460/4=115
Step-by-step explanation:
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Given : Ramesh had a bank balance of Rs - 500
over the next 4 months his bank account activity given
A monthly salary of R4,000 was credited to his account.
An account of Rs 1,000 was debited from his account as part of his monthly rent payment.
On January 1st Ramesh paid Rs 460 for a mobile payment plan valid for 4 months.
To find : Ramesh's balance at the end of 4 months?
How much was his equivalent monthly mobile bill payment amount?
Solution:
Balance Rs 500
Salary credit in 4 months = 4 * 4000 = Rs 16000 Cr
Rent Paid in 4 months = 4 * 1000 = Rs 4000 Dr
Mobile Payment once = Rs 460 Dr
Amount after 4 months = 16000 + 500 - 4000 - 460
= 12040 Rs
equivalent monthly mobile bill payment amount = 460/4 = Rs 115
if starting balance is - 500
Balance Rs 500 Dr
Salary credit in 4 months = 4 * 4000 = Rs 16000 Cr
Rent Paid in 4 months = 4 * 1000 = Rs 4000 Dr
Mobile Payment once = Rs 460 Dr
Amount after 4 months = 16000 - 500 - 4000 - 460
= 11040 Rs
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