Question

‘A’ Limited purchased the assets from ‘B’ Limited for ₹ 8,10,000. ‘A’ Limited issued 10% debentures of ₹ 100 each at a 10% discount against the payment. The number of debentures received by ‘B’ Limited will be ______.

विकल्प

• 8,100

• 9,000

• 90,000

• None of the above

Answer 1

‘A’ Limited purchased the assets from ‘B’ Limited for ₹ 8,10,000. ‘A’ Limited issued 10% debentures of ₹ 100 each at a 10% discount against the payment. The number of debentures received by ‘B’ Limited will be 9,000.

Explanation: 

Calculate the issue price of each debenture:

Face Value of each debenture = ₹ 100

Discount = 10% of ₹ 100 = ₹ 10

Issue Price = ₹ 100 − ₹ 10 = ₹ 90

Calculate the number of debentures:

Total amount payable = ₹ 8,10,000

Number of Debentures = `"Total amount payable"/"Issue price per debenture"`

Number of Debentures = `(₹ 8,10,000)/(₹ 90)` = 9,000 Debentures