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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.


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A
July 03
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B
Aug 13
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C
Sep 11
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D
July 13
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Solution

The correct option is D Aug 13
Such date can only be "Average due date".
Considering 3rd july as the starting date.
Due Dates Amount No.of days
from 3rd july
Products
3rd july 5000 0
2nd August 80030 24000

11th sept
100070 70000
2300 94000
Avarage due date=3rd july+940002300
=3rd july+40.823rdjuly+41 days.
13th August

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