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Question

A bill is drawn on 23rd October, 2016 payable after 3 months, the due date of the bill will be _________.

A
25th January, 2017
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B
26th January, 2017
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C
24th January, 2017
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D
25th January, 2016
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Solution

The correct option is A 25th January, 2017
Option A is correct one.
23rd Jan 2016 to 26th jan 2017 3 months + 3 grace days =26th jan 2017
but 26th jan is public holiday therefore we will consider the previous working day as due date so here 25th jan 2017.

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