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 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 bank balance at the end of 4 months? (ii) How much was his equivalent monthly mobile bill payment amount?
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1.On january Ramesh had bank balance of =-3500
On january Ramesh had bank balance of =-3500His Salary =34000×4=136000
On january Ramesh had bank balance of =-3500His Salary =34000×4=136000His rent per month =1000
On january Ramesh had bank balance of =-3500His Salary =34000×4=136000His rent per month =1000Rent in 4 months =1000×4=4000
On january Ramesh had bank balance of =-3500His Salary =34000×4=136000His rent per month =1000Rent in 4 months =1000×4=4000Recharge per month=3460×4=13840
On january Ramesh had bank balance of =-3500His Salary =34000×4=136000His rent per month =1000Rent in 4 months =1000×4=4000Recharge per month=3460×4=13840Total =132500
On january Ramesh had bank balance of =-3500His Salary =34000×4=136000His rent per month =1000Rent in 4 months =1000×4=4000Recharge per month=3460×4=13840Total =132500132500-13840=118660
On january Ramesh had bank balance of =-3500His Salary =34000×4=136000His rent per month =1000Rent in 4 months =1000×4=4000Recharge per month=3460×4=13840Total =132500132500-13840=11866018660-4000=114660
Hence he has 114660
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