You visited us 7 times! Enjoying our articles? Unlock Full Access!

Holding till Maturity

On 01.01.2019...

Question

On 01.01.2019, Z draws a bill on A for Rs.50,000 for 3 months. In this case, the maturity date of the bill shall be .

01.04.2019

No worries! We‘ve got your back. Try BYJU‘S free classes today!

03.04.2019

No worries! We‘ve got your back. Try BYJU‘S free classes today!

04.04.2019

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

04.05.2019

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C 04.04.2019
Maturity date = 01.01.2019 + 3 months + 3 days = 04.04.2019.

Suggest Corrections

Similar questions

On 01.01.2018, X draws a bill on Y for Rs 20,000 for 3 months, maturity date of the bill shall be:

15.8.2018, X

Y

3

R s . 2, 000. 18 t h N o v

X

Y

R s . 2, 50, 000

1.1.2018

3

6.1.2018

Join BYJU'S Learning Program