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Average due date

Sir can you explain this question.

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siva chaitanya

siva chaitanya

CA Foundation

1K+

02-Mar-21 17:49

14

Answers (22)

I done this but not getting exact answer I took number of years for calculating due date.


siva chaitanya

siva chaitanya

CA Foundation

1K+

02-Mar-21 17:51

I done this but not getting exact answer I took number of years for calculating due date.

This is my answer

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IMG_20210302_174712.jpg


siva chaitanya

siva chaitanya

CA Foundation

1K+

02-Mar-21 17:52

Bro do by taking months not years


Meda Jeevansai

Meda Jeevansai

CA Foundation

11K+

02-Mar-21 19:50

This is my answer

3.125 years. It is not 3 years and 0.125 months... 0.125 should be multiplied by 365 in order to get days and by 12 in order to get months. Why did you multiply by 30?


Sriram Somayajula

Sriram Somayajula

Admin

02-Mar-21 20:29

3.125 years. It is not 3 years and 0.125 months... 0.125 should be multiplied by 365 in order to get days and by 12 in order to get months. Why did you multiply by 30?

Mam, then in illustration 11 they gave 3.556 months as 3 months and 17 days (0.556Ã?30)


siva chaitanya

siva chaitanya

CA Foundation

1K+

02-Mar-21 21:49

0.556 multiplied by 30 that will be equal to 17 days


siva chaitanya

siva chaitanya

CA Foundation

1K+

02-Mar-21 21:55

Mam can you please tell how to compute. Only that one I have doubt in that lesson.


siva chaitanya

siva chaitanya

CA Foundation

1K+

03-Mar-21 10:35

Mam can you please tell how to compute. Only that one I have doubt in that lesson.

0.125 years = 0.125 x 12 months = 1.5 months you can take it as either 1.5 months or 45 days


Sriram Somayajula

Sriram Somayajula

Admin

03-Mar-21 11:10

0.125 years = 0.125 x 12 months = 1.5 months you can take it as either 1.5 months or 45 days

Mam when we take 45 days from 1-1-18 then it will be in mid of feb but answer given is 1-3-18


siva chaitanya

siva chaitanya

CA Foundation

1K+

03-Mar-21 12:39

Mam when we take 45 days from 1-1-18 then it will be in mid of feb but answer given is 1-3-18

In what way does the name "Sriram" sound like the name of a lady to you? Secondly please see the ICAI solution - they have rounded off 37.5 months to 38 months. That is not correct - it should be 37.5 months


Sriram Somayajula

Sriram Somayajula

Admin

03-Mar-21 14:13

Mam when we take 45 days from 1-1-18 then it will be in mid of feb but answer given is 1-3-18

Bro it's sir not mam!


Meda Jeevansai

Meda Jeevansai

CA Foundation

11K+

03-Mar-21 14:23

Mam when we take 45 days from 1-1-18 then it will be in mid of feb but answer given is 1-3-18

U told 1.5 months from 1-1-18 no sir then why you took months again sir


siva chaitanya

siva chaitanya

CA Foundation

1K+

03-Mar-21 22:13

0.125 years = 0.125 x 12 months = 1.5 months you can take it as either 1.5 months or 45 days

Here u told 45 days no sir


siva chaitanya

siva chaitanya

CA Foundation

1K+

03-Mar-21 22:14

Sir can you please answer the question


siva chaitanya

siva chaitanya

CA Foundation

1K+

04-Mar-21 09:16

Sir can you please answer the question

I said either 45 days or 1.5 months depending on what the question asks . Pls read my response carefully


Sriram Somayajula

Sriram Somayajula

Admin

04-Mar-21 09:30

Yes sir I understood but my doubt is 45 days from 1st March is in mid of feb but due date given is 1st March


siva chaitanya

siva chaitanya

CA Foundation

1K+

04-Mar-21 09:39

Yes sir I understood but my doubt is 45 days from 1st March is in mid of feb but due date given is 1st March

45 days from 1st january is in mid of feb but avg due date given in material is 1st March


siva chaitanya

siva chaitanya

CA Foundation

1K+

04-Mar-21 09:40

45 days from 1st january is in mid of feb but avg due date given in material is 1st March

This is doubt sir


siva chaitanya

siva chaitanya

CA Foundation

1K+

04-Mar-21 09:40

Yes sir I understood but my doubt is 45 days from 1st March is in mid of feb but due date given is 1st March

Firstly it is 45 days from jan 1st and not March 1st That is mid feb Secondly I already told you institute material rounded of 37.5 months to 38 months and hence mid feb is rounded off to March 1st Not sure what is your confusion Please read all messages carefully and see ICAI solution.


Sriram Somayajula

Sriram Somayajula

Admin

04-Mar-21 09:41

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