Question

The opening balance of Prize Fund of a Sports Club was Rs 5,400. Further donations towards this fund received during the accounting year amounted to Rs 4,800 . During the year Rs 3,500 was spent on prizes and Rs 400 was received as interest on investment of the prize fund. The closing balance of the Prize Fund is:​

Answer 1

Explanation:

The Correct answer is

6300

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Answer 2

$\huge\underline\frak\green{Question:}$

The opening balance of Prize Fund of a Sports Club was Rs 5,400. Further donations towards this fund received during the accounting year amounted to Rs 4,800 . During the year Rs 3,500 was spent on prizes and Rs 400 was received as interest on investment of the prize fund. The closing balance of the Prize Fund is:

$\huge\underline\frak\green{Answer:}$

Rs 39, 900 ɪs ᴜʀ ᴀɴsᴡᴇʀ ᴅᴇᴀʀ