A Bill of Exchange drawn on 5 May 2026 for 12000 for 4 months( due date of this bill will be 8 September) . Drawee is bill ko 8 August ko cancel karva leta hai aur ek new bill of same amount for 2 mon

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Deepika · Answer

I will check

Deepak · Answer

Can you please tell about redemption waala doubt

Deepika · Answer

My pleasure feel free to ask any doubt

Deepak · Answer

Thank you so much aapne mera chapter complete karva diya by solving this particular doubt

Deepika · Answer

Date of cancellation se leke new due date tk calculate hoga

Deepak · Answer

Hme old bill ki.maturity date leni hai ya vo date jis din bill renewal karvaya interest period kab shuru hoga?

Deepika · Answer

Interest=principal ×rate×time 12000×5/100×2/12 Answer is 100

A Bill of Exchange drawn on 5 May 2026 for 12000 for 4 months( due date of this bill will be 8 September) . Drawee is bill ko 8 August ko cancel karva leta hai aur ek new bill of same amount for 2 mon

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