When a bank reduce the rate of interest from 61/2% per annum to 51/2% per annum, depositor withdrew Rs. 600 and thereby his interest reduced by 73. Find the initial deposit. ?

When a bank reduce the rate of interest from 61/2% per annum to 51/2%

1.	When a bank reduce the rate of interest from 6¹/₂% per annum to 5¹/₂% per annum, depositor withdrew Rs. 600 and thereby his interest reduced by 73. Find the initial deposit. ?
A.	4000
B.	6000
C.	7000
D.	9000
Answer» B. 6000

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When a bank reduce the rate of interest from 61/2% per annum to 51/2% per annum, depositor withdrew Rs. 600 and thereby his interest reduced by 73. Find the initial deposit. ?

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When a bank reduce the rate of interest from 6¹/₂% per annum to 5¹/₂% per annum, depositor withdrew Rs. 600 and thereby his interest reduced by 73. Find the initial deposit. ?