Forums

Back

Average due date

Accountancy

How to compute interest and find due date

Jaswant Vyas

CA Foundation

★ 325

24-Jan-22 22:52

701

Answers (6)

Best Answer

Thread Starter

Jaswant Vyas

No sir answer didn't match

36,000 * 10%/100 * 72/366 ~ 708.2

Sahibdeep Singh

CA Inter

★ 14K+

25-Jan-22 13:39

There is a little bit difference in interest

Thread Starter

Jaswant Vyas

CA Foundation

★ 325

24-Jan-22 22:56

Thread Starter

Jaswant Vyas

There is a little bit difference in interest

If you do calculation taking 29 days in Feb (year 2012), then it would exactly match

Sahibdeep Singh

CA Inter

★ 14K+

25-Jan-22 09:45

No sir answer didn't match

Thread Starter

Jaswant Vyas

CA Foundation

★ 325

25-Jan-22 12:45

Sorry sir i divide 365 days you are absolutely right

Thread Starter

Jaswant Vyas

CA Foundation

★ 325

25-Jan-22 13:42

Thread Starter

Jaswant Vyas

There is a little bit difference in interest

When you doing ADD u should careful with date.... ARE V... important

Balachandar S

CA Inter

★ 59K+

25-Jan-22 15:14