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Question
‘A’ Limited purchased the assets from ‘B’ Limited for ₹5,40,000. ‘A’ Limited issued 10% debentures of ₹ 100 each at a 20% premium against the payment. The number of debentures received by ‘B’ Limited will be ______.
Options
4,500
5,400
45,000
6,000
MCQ
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Solution
‘A’ Limited purchased the assets from ‘B’ Limited for ₹5,40,000. ‘A’ Limited issued 10% debentures of ₹ 100 each at a 20% premium against the payment. The number of debentures received by ‘B’ Limited will be 4,500.
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