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Choose the correct alternative: If A bill of ₹ 6,395 drawn on 15th February 2015 for 10 months was discounted on 28th May 2015 at 8% p.a. interest, then legal due date is ______ - Mathematics and Statistics

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Question

Choose the correct alternative:

If A bill of ₹ 6,395 drawn on 15th February 2015 for 10 months was discounted on 28th May 2015 at 8% p.a. interest, then legal due date is ______

Options

  • 15th December 2015

  • 15th November 2015

  • 18th December 2015

  • 18th November 2015

MCQ
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Solution

18th December 2015

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Chapter 2.1: Commission, Brokerage and Discount - Q.1
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