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A man earns money form different busines...

A man earns money form different businesses he opened his account on 4-2-2005 with Rs 500 In every month on the 8th he deposits rs 10000 and every onth on the 27 th he draws Rs 5000 beginning form february on the 15th of every alternate month he depositts Rs 2000 one march 15 he withdraws Rs 1500 calculate the sum on which he earns interest at the end of april 2005

A

Rs 22500

B

Rs 37500

C

Rs 36500

D

Rs 11500

Text Solution

Verified by Experts

The correct Answer is:
c
Find the minimum balance of each month and add them
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