Chapter - 12 (Question - 1 Bill of Exchange and promissory note)

 

Question - 01

Calculate the due dates of the bills in the following cases :

               Date of bills                               period 

1. 13th July, 2000                               30 days
2. 30th Sept., 2000                             2 months 
3. 29th Nov., 2000                             3 months 
4. 31st Dec., 2000                             3 months 
5. 27th Jan., 2001                              1 month

Emergency holiday on 4th Dec., 2000.

Answer : 

1. 13th July, 2000 + 30 days = 14th Aug., 2000
2. 30th Sept., 2000 + 2 months = 3rd Dec., 2000
3. 29th Nov., 2000 + 3 months = 3rd March, 2001
4. 31st Dec., 2000 + 3 months = 3rd April, 2001
5. 27th Jan., 2001 + 1 months = 1st March, 2001