March 15 ₹ 400 Due on 18th April
April 21 ₹ 300 Due on 24th May
April 27 ₹ 200 Due on 30th June
May 15 ₹ 250 Due on 18th July

Radheshyam purchased goods from Hariram. The due dates for payment is cash, being as follows: Hariram agreed to draw a Bill for the total amount due on the average due date.

April

18

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July

18

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May

30

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June

30

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Solution

The correct option is C May $30$
Due date
Amount No of days
product
$18 t h a p r i l$
$400$
$0$
$24 t h m a y$
$300$ $36$ $10800$
$30 j u n e$
$200$ $73$
$14600$
$18 t h j u l y$
$250$ $91$ $22750$
Total $1150$ $48150$

Average Due Date is $\frac{48150}{1150}$ or $42$ days after the base date. $18 t h A p r i l$ , i.e. $30 M a y$

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March 15	₹ 400 Due on 18th April
April 21	₹ 300 Due on 24th May
April 27	₹ 200 Due on 30th June
May 15	₹ 250 Due on 18th July

Due date	Amount	No of days	product
$18 t h a p r i l$	$400$	$0$
$24 t h m a y$	$300$	$36$	$10800$
$30 j u n e$	$200$	$73$	$14600$
$18 t h j u l y$	$250$	$91$	$22750$
Total	$1150$		$48150$

The correct option is C May 30 Due date Amount No of days product 18thapril400 0 24thmay 300 36 10800 30june 2007314600 18thjuly 250 91 22750 Total 1150 48150 Average Due Date is 481501150 or 42 days after the base date. 18thApril, i.e. 30May