Question

The initial balance of a savings account was $275. After which transactions will the balance of the savings account be the same as the initial balance?

A. A withdrawal of $232 followed by a deposit of $132
B. A deposit of $278 followed by a withdrawal of $278
C. A withdrawal of $115 followed by a deposit of $
D. A deposit of $205 followed by a withdrawal of $317

Answer 1

Answer: B. A deposit of $278 followed by a withdrawal of $278

Explanation:

We know that by if withdraw amount is same to the deposit amount then the balance of the savings account be the same as the initial balance.

From all the options only B. has the withdraw amount is same as the deposit amount such that the balance of the account will be = $275+$278-$278=$275

Hence, B is the right option. A deposit of $278 followed by a withdrawal of $278 the balance of the savings account will be the same as the initial balance.