Last Updated on: 17th December 2024, 12:49 pm
Average Bill Due Date MCQ (Maths)
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- A Bill is Accepted on 18 Jan 2016, due after 60 days. The Due Date will be
a) 20 March 2016
b) 21 March 2016
c) 19 March 2016
d) 18 March 2016
60 days from 18 Mar= Jan 13 Days + Feb 29 days + Mar 18 = Mar 18. So, considering 3 days of grace, the Bill will fall due on 21 Mar
So, correct option is (b) - A Bill is Accepted on 20 May 2016, due after 3 months . The Due Date will be
a) 23 Aug 2016
b) 20 Aug 2016
c) 21 Aug 2016
d) 22 Aug 2016
3 months from 20 May (same Date after 3 months) is 20 Aug 2016
So, considering 3 days of grace, the Bill will fall due on 23 Aug 2016
So, correct option is (a) - A Bill is Accepted on 12 May 2016, due after 3 months . The Due Date will be
a) 14 Aug
b) 12 Aug
c) 16 Aug
d) 15 Aug
3 months from 12 May 2016, is 12 Aug 2016. Considering 3 days of Grace, the Due Date is 15 Aug 2016, which is Public Holiday. So, Due Date would be 14 Aug.
So, correct option is (a) - A Bill is Accepted on 18 May 2016, due after 2 months . Later on, 21 July was declared Holiday.
The Due Date will be
a) 20 July 2016
b) 22 July 2016
c) 19 July 2016
d) 23 July 2016
2 months from 18 May is 18 July. Considering 3 days of Grace, the Due Date is 21 July 2016, which is declared as Emergent Holiday. So, the bill will fall due on next day, i.e 22 July.
So, correct option is (b)
