6,000 debentures of ₹ 10 each were discharged by issuing equity shares of ₹ 10 each at 20% premium. The number of shares issued will be :

5000 6000 60000 50000

5000

Total amount to be paid=60,000 Share price= 10+2=12 No of shares to be issued= 60000/12                                         =5000