point?
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 34,000 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.
(1) What is Ramesh's balance at the end of 4 months?
(ii) How much was his equivalent monthly mobile bill payment amount?
Answers
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Money in account at 1 January=(-3500)
After 4 month,
Salary added to account=34,000 Rupees
Monthly rent= 1,000 Rupees
Mobilr plan Payement for 4 month= 460 Rupees
(1) Ramesh's balance at end of 4 month= (rent*4)+(mobile plan)+(-3500)-(Salary)
=(1000*4)+(460)-(-3500)+34,000
=4000+460+(-3500)+34,000
=4460-30,500
=26,040
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