Question

The followings are the amounts due on different dates in between the same Suggest a date on which all the bills may be paid out without any loss of interest to either party.

• A. July $03$
• B. Aug $13$
• C. Sep $11$
• D. July $13$

Answer 1

Answer: (B)

Aug $13$

Such date can only be "Average due date".

Considering $3^{rd}$ july as the starting date.

Due Dates	Amount	No.of days from $3^{rd}$ july	Products
$3^{rd}$ july	$500$	$0$	$0$
$2^{nd}$ August	$800$	$30$	$24000$
${11}^{th}$ sept	$1000$	$70$	$70000$

$2300$ $94000$

Avarage due date$=3^{rd}$ july+$\frac{94000}{2300}$

$=3^{rd}$ july+$40.82\approx 3^{rd}$july$+41$ days.

$⟹{13}^{th}$ August