Podcast
Questions and Answers
If a bill is drawn on 25 December 2005 for 60 days, calculate the due date.
If a bill is drawn on 25 December 2005 for 60 days, calculate the due date.
25 February 2006
If a bill was prepared on 1/11/2005 for 5 months, calculate the due date.
If a bill was prepared on 1/11/2005 for 5 months, calculate the due date.
1/04/2006
Rohini draws a bill on 1/6/2006 for 90 days. Ascertain the due date.
Rohini draws a bill on 1/6/2006 for 90 days. Ascertain the due date.
4/05/2006
Deepak drafts a bill on Sanjay on 2nd December 1995 for 4 months. Find the due date.
Deepak drafts a bill on Sanjay on 2nd December 1995 for 4 months. Find the due date.
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If a bill prepared for 45 days on 1 July 2002 for 60 days, calculate the due date.
If a bill prepared for 45 days on 1 July 2002 for 60 days, calculate the due date.
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Study Notes
Bills of Exchange Calculations
- Example 1: A bill is drawn on 25 December 2005 for 60 days. Calculate the due date.
- Example 2: A bill was prepared on 1 November 2005 for 5 months. Calculate the due date.
- Example 3: Rohini draws a bill on 1 June 2006 for 90 days. Ascertain the due date.
- Example 4: Deepak drafts a bill on Sanjay on 2 December 1995 for 4 months. Find the due date.
- Example 5: A bill is prepared for 45 days on 1 July 2002 for 60 days. Calculate the due date.
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Description
Test your knowledge on calculating due dates for various bills of exchange in this quiz. You will solve examples based on different durations and starting dates. Perfect for students learning about financial instruments and their applications.
