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Question 89

Opening cash balance is ₹2,50,000. Receipts are ₹1,75,000 and payments are ₹1,25,000. Closing balance is:

  1. A₹3,00,000
  2. B₹3,25,000
  3. C₹2,75,000
  4. D₹4,00,000
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Correct answer: (A) ₹3,00,000

Explanation

Closing balance = opening + receipts − payments = 2,50,000 + 1,75,000 − 1,25,000 = ₹3,00,000.

From DSSSB TGT Computer Science Practice Set 5

This is question 89 of DSSSB TGT Computer Science Practice Set 5. See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.