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Question

Calculate the due dates of the bills in the following cases:
Date of Bill
Tenure (Period)
(i)
1st December, 2018
60 Days
(ii)
30th April, 2019
2 Months
(iii)
28th January, 2019
1 Month
(iv)
23rd November, 2018
2 Months
(v)
29th May, 2018
4 Months

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Solution

Date of Bill

Tenure

Calculation

Due Date

(i) December 01, 2018

60 Days

30 (December) + 30 (January) + 3 days of grace

February 02, 2019

(ii) April 30, 2019

2 Months

2 Months from April 30, 2019 would be June 30, 2019 + 3 days of grace

July 03, 2019

(iii) January 28, 2019

1 Month

1 Month from January 28, 2019 would be February 28, 2019 + 3 days of grace

March 03, 2019

(iv) November 23, 2018

2 Months

2 Months from November 23, 2018 would be January 23, 2019 + 3 days of grace

January 26, 2019, but it is a national holiday so, due date would be one day before i.e., January 25, 2019

(v) May 29, 2018

4 Months

4 Months from May 29, 2019 would be September 29, 2019 + 3 days of grace

October 02, 2019 but it is a national holiday so, due date would be one day before i.e., October 01, 2019


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