You have ₹500 in your saving 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 | Transactions description | Payment | Deposit |
|---|---|---|---|---|
| 384102 | 4/9 | Jal Board | ₹ 120 | ₹ 200 |
| 275146 | 12/9 | Deposit | — | ₹ 150 |
| 384103 | 22/9 | LIC India | ₹ 240 | ₹ 150 |
| 801351 | 29/9 | Deposit | — | ₹ 150 |
Calculation:
Initial Balance = ₹ 500
Total Payments = ₹ 120 + ₹ 240 = ₹ 360
Total Deposits = ₹ 200 + ₹ 150 + ₹ 150 = ₹ 500
Final Balance = 500 − 360 + 500 = ₹ 640