Question

Short Practical Questions
1. Calculate the Average due date from the following transactions, if a trader purchased
goods as on the following dates:
Date
Amount (3)
30.1.2013 3 Team
1,000
10.2.2013 Feb
500
28.2.2013 28 Feb
1.500
10.3.2013 ro Mar
200
10.4.2013
800
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Answer 1

Answer:

Due Date :

⇒ August 10, 2011 + 3 Months + 3 Days = September 13, 2011.

⇒ October 23, 2011 + 60 Days + 3 Days = December 25, 2011

⇒ December 4, 2011 + 2 Months + 3 Days = February 7, 2012

⇒ January 14, 2012 + 60 days + 3 Days = March 18, 2012

⇒ March 08, 2012 + 2 Months + 3 Days = May 11, 2012.

⇒ Here, we are taking September 13, 2011 as a base date.

DueDate Amount

Rs. No.ofdaysfrom

September13,2011 Product

September 13, 2011 6000 0 0

December 25, 2011 5000 103 515000

February 7, 2012 4000 147 588000

March 18, 2012 2000 186 372000

May 11, 2012 3000 240 720000

Total 20000 2195000

⇒ AverageDueDate=BaseDate+

TotalAmount

TotalofProduct

⇒ AverageDueDate=September13,2011+

20000

2195000

⇒ AverageDueDate=September13,2011+109.7days

⇒ AverageDueDate=September13,2011+110days

∴ AverageDueDate=January01,2012

Explanation:

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