Question

You have Rs.500 in your savings account at the beginning of the month. The record below shows all of your transactions during the month. How much money is in your account after these transactions? Cheque No. Date Transaction Description Payment Deposit 384102 275146 4/9 12/9 Electricity Board Deposit Rs.120 Rs.200 384103 801351 22/9 29/9 LIC India Deposit Rs.240 Rs.150​

Answer 1

Initial amount is Rs. 500.

Now some amount is deposited and some amount is paid.

So, payment is giving from present amount that is subtraction from present amount and deposit is addition in present amount.

So, the money remaining in the account after mentioned transactions.

=Rs⋅(500−120+200−240+150)

=(500+200+150−120−240)⋯⋯[commutative property]

=(850−360)=Rs. 490

​ If you are satisfied with my answer then pls rate me....!

Answer 2

Amount in the beginning of the month in the account = ₹ 500

Amount deposited in the account for Jal Board = ₹ 200

Amount paid to Jal Board = ₹ 120

Amount left in the account after the above transactions = ₹ (500 + 200 – 120) = ₹ (700 – 120) = ₹ 580

Amount deposited for LIC India = ₹ 150

Amount paid to LIC India = ₹ 240

Amount left after this transactions = ₹ (580 + 150 – 240) = ₹ (730 – 240) = ₹ 490