1.

Find out the maturity date of the bills in the following case:-(a) 12th June, 2016 (b) 29th July, 2016 (c) 10th august, 2016time period is two month for each.​

Answer»

ANSWER:

(a) 15TH Aug 2016

(b) 2rd OCT 2016

(c) 13th Oct 2016

Explanation:

Maturity date should be calculated after two months with 3 GRACE DAYS..



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